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1 usufruit
usufruct; life tenancy (or use)Dictionnaire juridique, politique, économique et financier > usufruit
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2 usufruit
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3 nue-propriété
[nyprɔprijete] ( pluriel nues-propriétés) nom féminin -
4 nu-propriétaire
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5 Indivision
legal term defining the status of property, notably land and buildings, owned jointly by the heirs of a deceased owner. French inheritance laws provide for the obligatory sharing of the estate of a deceased person among his or her direct descendants (children). When, as often, a person does not formally divide up their property among their heirs before death, all their estate passes jointly to their children or nearest family. Until such time as these heirs agree on how the estate will be divided among them, the estate remains in "indivision"; this means that no property can be sold off without the agreement of all the heirs. When one or more of these heirs is out of contact, or deliberately uncooperative, this can lead to a situation where property, notably buildings, remain empty and unsaleable for years on end. However, since 2007, the law has been modified to allow heirs representing at least 2/3 of the rights of ownership to apply to the courts for permission to sell a property; in other words, if two out of three children wish to sell a property, and the third does not, the courts can now prevent the third one from blocking the sale. The heir who does not wish to sell retains the right to buy out the shares of the other heirs. Note that property for which a surviving spouse has a right of usufruct cannot be sold off.Shares in an undivided estate can be sold by any heir who wishes to do so; but the purchaser remains bound by the rules of indivision.Dictionnaire Français-Anglais. Agriculture Biologique > Indivision
См. также в других словарях:
Usufruct — is the legal right to use and derive profit or benefit from property that belongs to another person, as long as the property is not damaged. In many legal usufruct systems of property, such as the traditional ejido system in Mexico, individuals… … Wikipedia
usufruct — usu·fruct / yü zə ˌfrəkt, sə / n [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 usufruct in the crops of the estate; esp in the civil law of… … Law dictionary
usufruct — u‧su‧fruct [ˈjuːzjuːfrʌkt] noun [uncountable] LAW the legal right to use a person s property in whatever way you like during your life, on condition that you return it to its owner in a reasonable condition: • usufruct rights over agricultural… … Financial and business terms
Usufruct — U su*fruct (?; 277), n. [L. usufructus, ususfructus, usus et fructus; usus use + fructus fruit.] (Law) The right of using and enjoying the profits of an estate or other thing belonging to another, without impairing the substance. Burrill. [1913… … The Collaborative International Dictionary of English
usufruct — (n.) right to the use and profits of the property of another without damaging it, 1610s (implied in usufructuary), from L.L. usufructus, in full usus et fructus use and enjoyment, from L. usus a use (see USE (Cf. use) (n.)) + fructus enjoyment,… … Etymology dictionary
usufruct — [yo͞o′zyoo frukt΄, yo͞o′syoofrukt΄] n. [LL usufructus < L ususfructus < usus, a USE + fructus, enjoyment, FRUIT] Rom. Law Civil Law the right to use the property of another for a period of time with the obligation to return it or leave it… … English World dictionary
usufruct — /yooh zoo frukt , soo , yoohz yoo , yoohs /, n. 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 … Universalium
usufruct — /yuwz(y)afrakt/ In the civil law, a real right of limited duration on the property of another. The features of the right vary with the nature of the things subject to it as consumables or nonconsumables. Civ. Code La. art. 535. The right of using … Black's law dictionary
Usufruct — A legal term describing a situation wherein a person or company has a temporary right to use and derive income from someone else s property (provided that it isn t damaged). Usufruct is recognized only in a few jurisdictions in North America … Investment dictionary
Usufruct — Modern term for the use and enjoyment of the income from a piece land with the proviso that it should not be damaged or diminished. Thus land given as a loan conveyed the usufruct, not the land itself. [< Lat. usus = use + fructus = fruit;… … Dictionary of Medieval Terms and Phrases
usufruct — n. & v. n. (in Roman and Scots law) the right of enjoying the use and advantages of another s property short of the destruction or waste of its substance. v.tr. hold in usufruct. Derivatives: usufructuary adj. & n. Etymology: med.L usufructus f.… … Useful english dictionary
