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Glossary > U > "Usufruct" Definition

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).

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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 : 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).