Glossary entry (derived from question below)
English term or phrase:
usufruct
English answer:
a legal right
Feb 25, 2004 12:48
20 yrs ago
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English term
usufruct
English
Law/Patents
Real Estate
Real Estate law
Responses
Change log
Apr 14, 2008 00:28: Selcuk Akyuz changed "Field" from "Marketing" to "Law/Patents"
Responses
3 mins
Selected
a legal right
to use and benefit from property which belongs to another person
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Note added at 6 mins (2004-02-25 12:55:41 GMT)
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Merriam-Webster\'s Dictionary of Law
usufruct
Latin ususfructus from usus et fructus, literally, use and enjoyment
: the right to the use and enjoyment of another\'s property and its profits
‹a usu·fruct in the crops of the estate›; esp in the civil law of Louisiana : a personal servitude of limited duration that confers the right of use and full enjoyment of another\'s property and its fruits
Under the civil law of Louisiana, one having a usufruct in land must deliver it to the owner with its basic substance undiminished at the end of the term; one having a usufruct in consumables acquires ownership of them, but must return their value or things of the same quantity or quality at the end of the usufruct.
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Note added at 6 mins (2004-02-25 12:55:41 GMT)
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Merriam-Webster\'s Dictionary of Law
usufruct
Latin ususfructus from usus et fructus, literally, use and enjoyment
: the right to the use and enjoyment of another\'s property and its profits
‹a usu·fruct in the crops of the estate›; esp in the civil law of Louisiana : a personal servitude of limited duration that confers the right of use and full enjoyment of another\'s property and its fruits
Under the civil law of Louisiana, one having a usufruct in land must deliver it to the owner with its basic substance undiminished at the end of the term; one having a usufruct in consumables acquires ownership of them, but must return their value or things of the same quantity or quality at the end of the usufruct.
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+6
3 mins
Explanation below
Here is the explanation from my Merriam-Websters;
1: the legal right of using and enjoying the fruits or profits of something belonging to another
2 : the right to use or enjoy something
1: the legal right of using and enjoying the fruits or profits of something belonging to another
2 : the right to use or enjoy something
Peer comment(s):
agree |
cheungmo
: i.e. "to use the fruit of something"
1 min
|
agree |
David Moore (X)
1 min
|
agree |
karina koguta
12 mins
|
agree |
Empty Whiskey Glass
1 hr
|
agree |
Rajan Chopra
1 hr
|
agree |
senin
6 hrs
|
3 mins
The right of using and enjoying the profits of an estate or other thing belonging to another
without impairing the substance.
Webster
Webster
7 mins
definition
Usufruct
From ancient Roman law (and now a part of many civil law systems), "usufruct" means the rights to the product of another's property. For example, a farmer may give a right of "usufruct"of his land to a neighbor, thus enabling that neighbor to sow and reap the harvest of that land.
From ancient Roman law (and now a part of many civil law systems), "usufruct" means the rights to the product of another's property. For example, a farmer may give a right of "usufruct"of his land to a neighbor, thus enabling that neighbor to sow and reap the harvest of that land.
7 hrs
Legal right of enjoying the derived advantages from the use of something that belongs to another
Here is the definition, according to Roman and Civil Law: "The right of enjoying all the advantages derivable from the use of something that belongs to another, as far as is compatible with the substance of the thing not being destroyed or injured."
Reference:
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