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Usufructuary lease

A usufructuary lease differs from a conventional lease in that the tenant is  not only entitled to use the property but can also use or consume the fruits or proceeds of its use. The tenant, in turn, agrees to pay rent (money or part of the proceeds) and to bear all the maintenance costs of the leased business (except for major repairs).

Examples of a usufructuary lease

  • Lease of a restaurant, bar or hotel
  • Lease of an allotment
  • Lease of farm land
  • Lease of a business

A sample farm lease