Real estate glossary
Usufruct (usufruit)
Right to use a property and receive its income (rent, for example) without owning it. A usufruct may be for life or for a fixed term and ends at the latest on the usufructuary’s death.
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General definition provided for information only. The rules that apply depend on your situation, the country and the law in force: check them with a professional (notary, lawyer, estate agent).