Under the Louisiana Civil Code, which of the following is NOT a right or privilege typically enjoyed by a usufructuary during the period of the usufruct?
Correct Answer
D) Selling or donating the underlying immovable property to a third party
Under Louisiana Civil Code Article 544, the usufructuary cannot alienate (sell, donate, or otherwise dispose of) the underlying immovable property itself. The usufruct grants the right to use, enjoy, and collect fruits, but ownership and the power of alienation remain with the naked owner. Selling the property is therefore NOT a right of the usufructuary, making C the correct answer to this EXCEPT/NOT question.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
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In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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