Art. 492. For the administration and better enjoyment of the thing owned in common, the resolutions of the majority of the co-owners shall be binding.
This article concerns administration better enjoyment.In both cases, a financial majority is sufficient. The act of Administration or management are those:
a. That do not involve an alteration
b. Those that maybe renewed from time to time
c. Those that have transitory effects that is, do not bind the co-ownership for a long time in the future.
d. Those that do not give rise to a real right over the thingt owned in common.
e. Those, which even if called an alteration, do not affect the substance or nature of a thing.
f. Those for the common benefit of all the co-owners and not for only one on some of them. All the requisites mentioned must concur.
On example of acts of administration hease of one year on less (of real property) it is not registered. Another ex: Acts of manegement (such as when by resolution of the financial majority one of this is appointed manager or administration and is entrusted with custody of jewels owned in common.)
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