Property Ownership
In Louisiana, 'usufruct' is a right that allows a person to:
AOwn property in fee simple
BUse and enjoy property owned by another and collect its fruits✓ Correct
CEncumber property with a mortgage
DTransfer title to a third party
Explanation
Usufruct under Louisiana Civil Law grants the usufructuary the right to use and enjoy another's property (the 'naked owner's' property) and to collect its fruits (income), without owning the underlying title.
Related Louisiana Property Ownership Questions
- To qualify for the Louisiana homestead exemption, the property owner must:
- The government's right to collect property taxes and the consequence of non-payment (tax lien and eventual sale) is an example of which governmental power?
- The 'right of passage' (servitude de passage) may be created in Louisiana by necessity when:
- The term 'succession' in Louisiana property law refers to:
- In Louisiana, the 'principle of accession' applies when a tenant installs trade fixtures in a commercial space. These fixtures:
- In Louisiana, when land is formed by the natural attachment of sediment (alluvion) along a waterway's bank, this new land belongs to:
- In Louisiana, which type of ownership interest is automatically inherited by surviving co-owners upon one owner's death?
- A 'fee simple' ownership interest in Louisiana means the owner:
Practice More Louisiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Louisiana Quiz →