Usufruct

Usufruct is a real right conferring on its holder (the usufructuary) the right to use and enjoy property belonging to another person (the bare owner). In co-ownership, usufruct is common in inheritances and donations. The usufructuary has voting rights at the GA for matters of enjoyment and ordinary maintenance, while the bare owner votes for acts of disposition and extraordinary works (art. 3.87 §8 CC).