Usufruct is a limited
real right (or
in rem right) found in
civil-law and mixed jurisdictions that unites the two property interests of
usus and
fructus:
- Usus (user) is the right to use or enjoy a thing possessed, directly and without altering it.
- Fructus (fruit, in a figurative sense) is the right to derive profit from a thing possessed: for instance, by selling crops, leasing immovables or annexed movables, taxing for entry, and so on.