“ART. 603. The usufruit expires: “1) By the death of the usufruit, unless there is a clear opposite intention; Usufruct is usually awarded for a limited period of time. It can be granted to the usufruit or the person who owns a usufruit to look after the property until the death of an owner and the property can be settled if the owner is sick. Although the usufruit has the right to use the property, it cannot damage, destroy or cede ownership. A usufruit does not have full ownership of the property, because it is not the third right of ownership, abusus, which concerns the right to consumption, destruction or transfer of ownership of the property to someone else. “3. By merging the usufruit and the property of the same person; In general, a usufruit is a system in which one person or group of people uses the good (often the earth) of another. The Usufructuary does not own the property, but has an interest in doing so, which is sanctioned or authorized by the owner. There are two different usufruit systems: perfect and imperfect. In a perfect usufruit, the usufruit is allowed to use the property, but cannot change it significantly. For example, a small business owner may become ill and give a person the right to use usufruit to run his or her business. The usufruit therefore has the right to operate the business and to make revenue from it, but it has no right, for example, to demolish and replace or sell the business.

[2] The imperfect usufruit system gives the usufruit some opportunity to modify the property. If, for example, a landowner grants land to a usufruit for farming, usufruit may have the right not only to grow grain in the countryside, but also to make improvements that would help agriculture. B, for example the construction of a barn. But this can be detrimental to the usufruitier: when a usufruit makes material improvements to their usufruit, such as a building or building-attached devices or other solid structures, they do not have the improvements and any money spent on these improvements would belong to the original owner at the end of the usufruit. [3] [4] [Additional Citations Needed] In many niepfruker real estate systems, such as the traditional ejido system in Mexico, individuals or groups can acquire only the usufruit of the property, not legal property. [5] Usufruit must be directly equated with a common law of life, except that a usufruit may be granted for a shorter lifespan than the life of the holder (but only life). The usufruit is granted in several years or held together as long as the property is not damaged or destroyed. The third interest in civil property is abuse (abuse literally), the right to alienate the possessed, either by consumption or destruction (z.B for profit reasons) or by transfer to someone else (e.g.B.

Sale, exchange, gift). Someone who enjoys all three rights has full ownership. While Georgia does not share Louisiana`s civil law history, the Georgia General Assembly has created statutory usufruits. [9] In Georgia, usufruit is “rights or privileges that generally arise from landlord and tenant relationships and are granted to tenants who, for years, are less interested in real estate than real estate.” [10] Under Georgian law, if a landowner grants a lease for less than five years, the lease is a usufruit and the landowner retains the property. [11] In addition, the Georgian courts consider that any relationship between a landowner and a tenant is usufruitative if the restrictions are “so widespread that they have been fundamentally incompatible for years with the concept of succession,” or if the landowner retains “control and control” of the operation operating on the land. [12] The value of furniture and household goods is calculated on the basis of a standard formula based on the estimated value of the liquid and non-liquid assets of the estate, then the value of the usufruit for the surviving spouse is deducted and, finally, the balance is distributed among the children after the death of the surviving spouse.