An interesting part of Ijara or leasing in Sharia is the classification of the usufruct by the Islamic jurists as a commodity which can be freely bought and sold. Simply put, the usufruct (Sharia term ...

In 1982, one of our authors published an article discussing the distinction between the usufruct and estate for years in the February edition of the Georgia State Bar Journal. 1 Since that time, there ...

Should a property be transferred to a trust, that transaction will draw transfer duty, which at times can be a costly exercise. The reason that, in effect, the owner of the property will actually sell ...

The definition of a usufruct is a legal right given by an owner to someone who is not the owner, to use the owner’s property for a certain period, usually for the remainder of that person’s life. The ...

Cape Town - The definition of a usufruct is a legal right given by an owner to someone who is not the owner, to use the owner’s property for a certain period, usually for the remainder of that ...

A regular occurrence in the world of the drafting of wills is when a person wants to bequeath property to one or more heirs, subject to a usufruct — or right to use — the property in favour of another ...

A recent study has highlighted the benefits of offering land to investors on a usufruct basis. Under the usufruct system, land is offered to investors for periods ranging from 40 to 100 years in ...