"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.