In Louisiana, the right to earn royalties or benefits from an immovable thing is referred to as?

In Louisiana, the right to earn royalties or benefits from an immovable thing is specifically referred to as usufruct. This legal term denotes a situation where a person has the right to use and enjoy the benefits of a property that belongs to another, while not holding ownership of the property itself. The usufructuary can derive profits, such as royalties or rental income, while also being responsible for maintaining the property in good condition.

Fructus, on the other hand, typically refers to the fruits or produce that are harvested from a property, which does not encompass the broader rights afforded by usufruct. Servitude involves a limitation on the use of property that benefits another property or person, which does not imply the right to earn income or benefits from the immovable property itself. Ownership, while it includes rights to both the property and its benefits, refers to full title and possession, rather than a limited right. Thus, usufruct is the most accurate term to describe the right to earn royalties or benefits in this context.