Understanding Obligations: Real vs. Personal Law
Classified in Law & Jurisprudence
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Obligations
- General obligations
- Real right: It is one that directly and immediately gravitates on a certain thing, and that requires everyone's equal respect, but purely passive.
- Credit or personal law: It is a special relationship between two specific individuals, one of whom may require the other, determined to provide what under common law is due.
Example: Right to ownership, right to credit a sum of money due to us under a loan.
- The requirement: A link right on the necessity compels us to pay for a thing. The creditor is the active subject of the relationship, and the debtor has liabilities. The lender expects or hopes that the debtor complies with what has been committed to.
- Elements of the obligation: It has two subjects, one active and