In French law. The same as the usufruct of the English and Roman law. … [Read more...] about USUFRUIT
USUFRUIT
USUFRUCTUARY
civil law. One who has the right and enjoyment of an usufruct. 2. Domat, with his usual clearness, points out the duties of the usufructuary, which are, 1. To make an inventory of the things subject to the usufruct, in the presence of those having an interest in them. 2. To give security for their restitution; when the usufruct shall be at an end. 3. To take good care of the … [Read more...] about USUFRUCTUARY
USUFRUCT
(A) The right to use property or income from property that is owned by another. (B) civil law. The right of enjoying a thing, the property of which is vested in another, and to draw from the same all the profit, utility and advantage which it may produce, provided it be without altering the substance of the thing. 2. The obligation of not altering the substance of the thing, … [Read more...] about USUFRUCT
USUCAPTION
civil law. The manner of acquiring property in things by the lapse of time required by law. 2. It differs from prescription, which has the same sense, and means, in addition, the manner of acquiring and losing, by the effect of time regulated by law, all sorts of rights and actions. … [Read more...] about USUCAPTION
USUCAPIO, OR USUCAPTIO
A term of Roman law used to denote a mode of acquisition of property. It corresponds very nearly to the term "prescription." But the prescription of Roman law differed from that of the English law, in this: that no mala fide possessor (i.e., person in possession knowingly of the property of another) could, by however long a period, acquire title by possession merely. The two … [Read more...] about USUCAPIO, OR USUCAPTIO
