France In
France, usufructs are often created as part of
inheritance. Under French law an
indefeasible portion known as the
forced estate passes to the deceased's surviving spouse and
issue (with shares apportioned according to the number of children), with the rest of the estate – the
free estate – free to dispose of by
will. However, if there is a
surviving spouse, they may elect to do one of the following: 1) Distribute the forced estate as is, or convert it into a usufruct 2) Break up the estate into a distributable portion and a usufruct good for the children's lifetime. If a usufruct is chosen, a value is set for the usufruct interest for
inheritance tax purposes and payable by the surviving spouse, with regard to their age. The value of
movable property associated with the estate is calculated based on the appraised value of the estate's assets. The value of the surviving spouse's usufruct is subtracted, and whatever balance as remains is divided among the heirs on the death of the surviving spouse. The surviving spouse may do whatever they wish with the movable assets (household items, furniture and the like), with the monetary value of the items going to the children. Title to assets does not pass, and the usufruct is dissolved on death or at the end of a term of years.
Trust and usufruct are distinct and subject to different rules. French law is distinct from
Roman law in understanding usufructs not as a type of
servitude, but rather possessory interests.
United States Louisiana Although the
United States is for the most part a
common law jurisdiction, employing
life estate for those purposes for which civil law uses usufruct,
Louisiana is a hybrid jurisdiction in the French tradition, at least in civil matters. In Louisiana, usufructs are created in a manner similar to other real rights, by
gift ("donation"),
will ("testament"), or
operation of law. Nevertheless, they are typically granted
cestui que vie. Unless otherwise provided in a will, a person's share of
community property accedes to descendants as bare title holders ("naked owners"); nevertheless, if that person has a living spouse, the latter will receive a usufruct in that portion of the estate until death or remarriage (La. Civil Code art. 890). Under other conditions, the parents of the deceased may acquire similar usufruct rights.
Georgia While
Georgia does not share Louisiana's civil law history, the
Georgia General Assembly created usufructs by statute in 1876. In Georgia, usufruct refers to "rights or privileges usually arising out of landlord and tenant relationships, and with privileges granted to tenants holding less interest in real estate than estate for years". Under Georgia law, if a landowner grants a lease for fewer than five years, it is a usufruct, and the landowner retains the estate. Georgia courts also hold that usufructs are created when the terms of contract between lessor and leaseholder are "so pervasive as to be fundamentally inconsistent with the concept of an
estate for years", or where the landowner retains "dominion and control" over a business operating on the property.
Philippines Philippine law relating to usufruct is set forth primarily in Title VI of the Philippine Civil Code.
Scotland A
liferent, the
Scots law term for an usufruct, is the right to receive, for one's life, the fruits of an asset (real property or otherwise), without the right to sell it. The holder of such a right is known as the liferenter. The owner of a property burdened by a usufruct is called the fiar and right of ownership is known as the fee.
Cuba Usufruct tenure was introduced in Cuba as part of a reorganization of the
agricultural sector during the
Special Period. As a legacy of sanctions and a struggling economy, Cuba had accumulated many crumbling buildings that could not be repaired. These were torn down and the empty lots lay idle for years until the food shortages forced major changes in Cuban agriculture to increase the efficiency of land use. Initially, this occurred by extralegal agricultural use of abandoned area. Later, usufruct tenure was established, giving farmers rights to product grown on usufruct land on a profit-sharing basis, but not ownership of the land itself.
India Usufructuary
mortgage in the Indian market denotes a unique property financing arrangement where a mortgage issuer grants an usufruct to a mortgage holder. This distinctive mortgage type integrates property ownership with debt service, granting the mortgagee the right to utilize and derive income from the property. Usufructuary mortgages are common in the agricultural sector; their purpose is to facilitate access to credit for cash-poor farmers whose assets are principally in land. The
Indian legal system recognizes and regulates usufructary mortgages. ==In social ecology==