What is considered a right to enjoy and derive benefits from property without owning it?

Study for the Louisiana Title Insurance Exam. Engage with flashcards and multiple choice questions. Hints and explanations guide your way. Prepare confidently for your certification!

The correct answer is usufruct, which refers to a legal right granted to an individual to use and derive benefits from someone else's property without owning it. This concept is particularly relevant in property law and comes from the Latin term meaning "to enjoy the fruit."

In a usufruct arrangement, the usufructuary (the person with the usufruct rights) can utilize the property, collect any income generated from it, and make improvements to it as long as they do not alter its essence or diminish its value. This legal arrangement is essential for various situations, such as estate planning, where one party can benefit from property while another retains ownership.

The other choices do not accurately capture this concept. Fructus typically refers to the fruits or produce of land, emphasizing the results of the property rather than the right to use it. Appurtenances are associated rights or privileges that belong to a property, often tied to ownership rather than use. Absus does not pertain to property law and is not a recognized legal term in this context. Thus, usufruct is the only term that appropriately describes the right to enjoy and derive benefits from property without ownership.

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