haszonélvezettel

Haszonélvezet is a Hungarian legal term referring to a usufructuary right. It grants a person, the usufructuary, the right to use and enjoy a property belonging to another, the owner, for a specific period. This right is often established for life or for a predetermined term. The usufructuary can benefit from the property's fruits, meaning they can derive income from it, such as through rent or by using its produce. However, the usufructuary does not own the property itself; ownership remains with the original owner.

The establishment of haszonélvezet typically requires a formal agreement, often registered in the land registry, to be legally binding. This right is commonly used in estate planning, allowing a surviving spouse to continue living in or receiving income from a property after the owner's death, without transferring outright ownership. It can also be established for other family members or beneficiaries. The scope of the usufructuary's rights and obligations is usually detailed in the agreement, but generally includes the responsibility to maintain the property and not damage its substance. Upon the termination of the haszonélvezet, for example, due to the death of the usufructuary or the expiry of the term, the full rights of ownership revert to the owner without any encumbrances. This legal instrument provides a way to balance the right to use and benefit from property with the underlying ownership.