Definitions

1. noun

a right to use and benefit from the property of another person, typically a landlord, without gaining ownership.

“The tenant was granted the usufruct of the property by the owner, allowing her to live there rent-free and benefit from its appreciation in value.”

2. noun

the right to use and benefit from property, typically a farm or estate, for a fixed period of time, in return for certain services or payments.

“The farmer was granted the usufruct of the land in exchange for a portion of his crops and a yearly payment to the landlord.”