tax declarations and tax receipts, this Court has held on several

occasions that the same do not by themselves conclusively prove

title to land.
Same; Every person dealing with registered land may safely rely
on the correctness of the certificate of title issued and the law will in
no way oblige him to go behind the certificate to determine the
condition of the property.It is a well-established principle that
every person dealing with registered land may safely rely on the
correctness of the certificate of title issued and the law will in no
way oblige him to go behind the certificate to determine the
condition of the property. An innocent purchaser for value is one
who buys the property of another without notice that some other
person has a right to or interest in such property and pays a full
and fair price for the same at the time of such purchase or before he
has notice of the claim of another person.
Same; Usufruct; Mortgages; The annotation of usufructuary
rights in a certificate of title in favor of another does not impose
upon the mortgagee the obligation to investigate the validity of its
mortgagors title.The annotation of usufructuary rights in favor of
Justa Kausapin upon Maxima Hemedes OCT does not impose upon
R & B Insurance the obligation to investigate the validity of its
mortgagors title. Usufruct gives a right to enjoy the property of
another with the obligation of preserving its form and substance.
The usufructuary is entitled to all the natural, industrial and civil
fruits of the property
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VOL. 316, OCTOBER 8, 1999

351

Hemedes vs. Court of Appeals

and may personally enjoy the thing in usufruct, lease it to another,
or alienate his right of usufruct, even by a gratuitous title, but all
the contracts he may enter into as such usufructuary shall
terminate upon the expiration of the usufruct.
Same; Same; In a usufruct, only the jus utendi and jus fruendi
over the property is transferred to the usufructuarythe owner of the
property maintains the jus disponendi or the power to alienate,
encumber, transform, and even destroy the same.Clearly, only the
jus utendi and jus fruendi over the property is transferred to the
usufructuary. The owner of the property maintains the jus
disponendi or the power to alienate, encumber, transform, and even