1. Pure Obligation - is one which is not subject to any condition and no specific date is mentioned for its fulfillment and is, therefore, immediately demandable. 2. Conditional Obligation - is one whose consequences are subject in one way or another to the fulfillment of a condition. 3. Obligations with a Period - one whose consequences are subjected in one way or another to the expiration of said period or term. A period or term is an interval of time, which either suspends demand ability or produces extinguishment. 4. Alternative Obligations - Is one where the debtor is alternatively bound by different prestation’s but the complete performance of one of them is sufficient to extinguish the obligation. While there are several prestation’s, only one is due. 5. Joint Obligations - where the whole obligation is to be paid or fulfilled proportionately by the different debtors and demanded proportionately by the different creditors. 6. Solidary Obligations - where each one of the debtors is bound render, and/or each creditor has the right to demand from any of the debtors, the entire compliance with the prestation. 7. Divisible Obligations - is one the object of which, in its delivery or performance, is capable of partial fulfillment. 8. Indivisible Obligations - when the object of the performance, because of its nature or because of the intent of the parties, is not susceptible of division. 9. Obligations with a Penal Clause - one which contains an accessory undertaking to pay a previously stipulated indemnity in case of breach of the principal prestation intended primarily to induce its fulfillment.