Usufruct Agreement Parties

Unless otherwise provided in a will, a person`s share in the common property goes to the descendants as simple holders of titles (“naked owners”); However, if that person has a living spouse, that spouse receives a usufruct in that part of the estate until death or remarriage (La. Civil Code art. 890). Under certain other conditions, a usufruct may be created, conferring rights on the parents of that person. [8] Õ right to enjoy the property of another, with an obligation to preserve its form and substance, unless the title containing it, or the law, provides otherwise: jus utendi and jus fruendi corresponding to the usufruct; jus disponendi corresponds to the bare property art. 568.