Usufruct - Wikipedia Usufruct comes from civil law, under which it is a subordinate real right (ius in re aliena) of specified duration, usually for a person's lifetime The holder of a usufruct, known as the usufructuary, has the right to use (usus) the property and enjoy its fruits (fructus)
usufruct | Wex | US Law | LII Legal Information Institute Usufruct is the right to use and benefit from a property, while the ownership of which belongs to another person The person who enjoys the usufruct is called the usufructuary
USUFRUCT Definition Meaning - Merriam-Webster Usufruct has been used as a noun for the legal right to use something since the mid-1600s Any right granted by usufruct ends at a specific point, usually the death of the individual who holds it
Usufruct | Rights, Property Ownership | Britannica Usufruct, in Roman-based legal systems, the temporary right to the use and enjoyment of the property of another, without changing the character of the property This legal concept developed in Roman law and found significant application in the determination of the property interests between a slave
usufruct - Meaning in law and legal documents, Examples and FAQs . . . Usufruct is a legal term that means you have the right to use and enjoy someone else's property without owning it For example, if you have usufruct over a house, you can live in it or rent it out, but you don’t own the house itself
Usufruct: Explained, Applied, Pros Cons - SuperMoney Usufruct is a legal right that grants an individual or party the temporary use and benefits derived from someone else’s property It combines two essential property rights—usus and fructus
Usufruct Definition - What Does Usufruct Mean? The term "usufruct" comes from the Latin phrase "usus et fructus," which translates to "use and fruit " It refers to the right to use and enjoy another person's property, and to receive the profits and benefits derived from that property, without owning it
Usufruct legal definition of usufruct A Civil Law term referring to the right of one individual to use and enjoy the property of another, provided its substance is neither impaired nor altered For example, a usufructuary right would be the right to use water from a stream in order to generate electrical power
Usufruct Law and Legal Definition | USLegal, Inc. Usufruct is a right in a property owned by another, normally for a limited time or until death It is the right to use the property, to enjoy the fruits and income of the property, to rent the property out and to collect the rents, all to the exclusion of the underlying owner