The juridical condition of co-ownership of things or right is terminated by:
- the consolidation in only one of the owners of all the shares of the others;
- the destruction of the thing or the loss of the right (co-ownership);
- prescription in favor of a third person; and
- the partition which converts into certain and definite parts the respective undivided shares of the co-owners.
Here, it is clear that upon the sale of the lots by respondent's brothers and sisters to petitioner, the right of co-ownership among them ceased or was lost.
We have held that there is juridical dissolution of co-ownership when the thing is sold, either publicly or privately, to third persons.
Likewise, a co-ownership is terminated by prescription in favor of a third person.
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