USUFRUCT - Steven J. Coker
Subject: USUFRUCT
From: Steven J. Coker
Date: December 05, 1998

Extracted From:
  A LAW DICTIONARY ..., SIXTH EDITION, 1856
  by John Bouvier, CHILDS & PETERSON, PHILADELPHIA

USUFRUCT, 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, however, takes
place only in the case of a complete usufruct. 

  3. 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....

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