usufruct


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Related to usufruct: usufructuary

u·su·fruct

 (yo͞o′zə-frŭkt′, -sə-)
n.
The right to the use and profits of something belonging to another.

[Late Latin ūsūfrūctus, variant of Latin ūsusfrūctus : ūsus, use; see usual + frūctus, enjoyment; see fruit.]

usufruct

(ˈjuːsjʊˌfrʌkt)
n
(Law) the right to use and derive profit from a piece of property belonging to another, provided the property itself remains undiminished and uninjured in any way
[C17: from Late Latin ūsūfrūctus, from Latin ūsus use + frūctus enjoyment]
ˌusuˈfructuary n, adj

u•su•fruct

(ˈyu zʊˌfrʌkt, -sʊ-, ˈyuz yʊ-, ˈyus-)

n.
the right to enjoy all the advantages of another's property, provided that such property is not destroyed or damaged.
[1620–30; < Late Latin ūsūfrūctus= Latin ūsū, abl. of ūsus use + frūctus (see fruit)]

usufruct

the right to enjoy benefits or profits from something, as real property, while not being the owner of it. — usufructuary, n., ad].
See also: Property and Ownership
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.usufruct - a legal right to use and derive profit from property belonging to someone else provided that the property itself is not injured in any way
legal right - a right based in law
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
Translations

usufruct

[ˈjuːzjʊfrʌkt] Nusufructo m

usufruct

n (Jur) → Nutznießung f
References in classic literature ?
"The truth is, Alisande, these archaics are a little TOO simple; the vocabulary is too limited, and so, by consequence, descriptions suffer in the matter of variety; they run too much to level Saharas of fact, and not enough to picturesque detail; this throws about them a certain air of the monotonous; in fact the fights are all alike: a couple of people come together with great random -- random is a good word, and so is exegesis, for that matter, and so is holocaust, and de- falcation, and usufruct and a hundred others, but land!
But as nothing in the world can oppose a subject making an humble present to his king, I offer your majesty the proprietorship of the estate, of which you will leave me the usufruct. Belle-Isle, as a place of war, ought to be occupied by the king.
Prior to the issuance of the Law, while Foreign Owners were able to own freehold interest/title to apartments, offices, villas and other real estate units, a Foreign Owner's interest, in respect of land, was limited to a Musataha (a concept akin to a long term development right), a usufruct (a long term use right) and long term lease, each for a period not exceeding 99 years.
'It also grants the right of usufruct without abiding by the provisions of the Royal Decree regulating the use of the sultanate's Land Law.
It also grants the right of usufruct without the need for the provisions of the Royal Decree regulating the use of land in the Sultanate, or the Land Law, to be adhered to.
Salalah Free Zone (SFZ) has signed a usufruct agreement for the construction of a 150,000 barrel per day refinery.
Oman-based Salalah Free Zone (SFZ) has signed a usufruct agreement for the construction of a refinery project in the sultanate at a total investment of $2.5 billion, said a report.
Additionally, land for investment projects will be allotted for long-term leases or usufruct agreements, effectively bypassing the provisions of Royal Decree 5/81, regulating usufruct deals as part of land laws in Oman.
The government decided to keep land usufruct rights tariff at 2% of energy produced per year.
As for Article 4, the amendment stipulates that the holders of a 'usufruct' or 'musataha' for more than ten years shall have the right, without the consent of the landlord to dispose of the property, including the right of mortgage, however the landlord may not mortgage the property except with the consent of the usufruct or musataha holder.
Former president and Speaker Gloria Macapagal-Arroyo made the assurance, saying that she will also make representations with the property owners that granted a usufruct agreement with some 8,000 informal-settler families in Muntinlupa.
Salalah, Dec.12 (ONA) Salalah Free Zone signed a usufruct agreement for setting up a factory for soft drinks and juices ' Zamzam Cola', whose foreign investment stands at $ 15 million.