imperfect ownership – ownership party subject to a usufruct interest held by another

     This page is continued from Property  >>>> Ownership >>>> Various Forms of Ownership, Interest, and Estates >>>> Forms of Qualified  (less than absolute) Ownership:


imperfect ownership:

1. Louisiana law. Ownership party subject to a usufruct interest held by another.  See La. Civ. Code art. 478. — aka naked ownership.

Usufruct – the right to the use, enjoyment, or profits of another’s property without damaging it.


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[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4


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