Property Ownership
Under Louisiana Civil Law, the usufructuary (the holder of a usufruct) has the right to:
ASell the property in fee simple
BUse the property and collect its fruits (income, rents, natural fruits) during the term of the usufruct✓ Correct
CMortgage the naked ownership
DPermanently alter the substance of the property
Explanation
The usufructuary has the right to use the property and collect its civil fruits (rents, income) and natural fruits during the usufruct's term. The usufructuary cannot sell the property (which requires naked owner's consent), permanently alter its substance, or mortgage the naked ownership.
Related Louisiana Property Ownership Questions
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