USUFRUCT - 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.
The obligation of not altering the substance of the
thing, however, takes place only in the case of a complete
usufruct.
Usufructs are of two kinds; perfect and imperfect.
Perfect usufruct, which is of things which the usufructuary
can enjoy without altering their substance, though their
substance may be diminished or deteriorated naturally
by time or by the use to which they are applied; as
a house, a piece of land, animals, furniture and other
movable effects. Imperfect or quasi usufruct, which
is of things which would be useless to the usufructuary
if be did not consume and expend them, or change the
substance of them, as money, grain, liquors.
USUFRUCTUARY - One who has the right
and enjoyment of an usufruct.
The duties of the usufructuary are, 1. To make an inventory
of the things subject to the usu-fruct, in the presence
of those having an interest in them. 2. To give secur-ity
for their restitution; when the usufruct shall be at
an end. 3. To take good care of the things subject to
the usufruct. 4. To pay all taxes, and claims which
arise while the thing is in his possession, as a ground-rent.
5. To keep the thing in repair at his own expense.
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