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    3. usufructuary rights»

    Definition of usufructuary rights

    Dictionary of Real Estate Terms: usufructuary rights
    usufructuary rights

    interests that provide for the use of property that belongs to another. Compare with emblement.

    Example: The owner of land that bounds or contains a natural water channel has a usufructuary right to use of the water. The water itself is considered to be held by the public with all adjacent property owners holding rights to its use. restrictions on that use vary under state law.

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