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usufructuary

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.02 sec.
See: beneficiary

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 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. Lois Civ. liv. 1, t. 11, s. 4. See Estate for life.



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[55] Consequently, the occupier's usufructuary right can arguably only be applied to the extent that it assists the occupant in bearing the expenses of the occupation in a manner consistent with the other restrictions placed on the occupier's use of state-owned property.
 
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