Nießbrauchrecht
Nießbrauchrecht, also known as usufruct, is a legal concept that allows one person (the usufructuary) to use and benefit from the property of another (the owner) without transferring ownership. This right is distinct from ownership and does not grant the usufructuary the right to dispose of the property or to transfer the usufruct to another.
The usufructuary has the right to use the property for their own benefit, which can include living
Nießbrauchrecht is often used in inheritance law, where a person may be granted usufruct over an inherited
The creation of a usufruct requires a clear agreement between the owner and the usufructuary, outlining the
Nießbrauchrecht is a complex area of law that varies by jurisdiction. It is important for anyone considering