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Category: Glossary

  • SURFACE RIGHT – WHAT IS IT?

    SURFACE RIGHT – WHAT IS IT?

    It is a real right, granted by the owner to another person on a permanent or temporary basis, to build a building on land.

  • MOIETY – WHAT IS IT?

    MOIETY – WHAT IS IT?

    It is the share that each spouse has in the property that make up the couple’s estate.

  • BARE PROPERTY – WHAT IS IT?

    BARE PROPERTY – WHAT IS IT?

    The property belongs to a specific person who does not have possession, use or enjoyment. Bare property is the right that a person has over an asset they own, with the limitation of not having the right to its possession, use or enjoyment. Therefore, it assumes ownership of the property, although it does not imply […]

  • RIGHT OF USUFRUCT – WHAT IS IT

    RIGHT OF USUFRUCT – WHAT IS IT

    The right of usufruct is a right attributed to someone who, for a certain period of time, can use or enjoy someone else’s property, whether it’s Real Estate or a movable asset, that belongs to another person. The right of usufruct, although applicable to different types of assets, is quite common in housing. It allows, […]

  • PROPORTION – WHAT IS IT?

    PROPORTION – WHAT IS IT?

    The property for sale does not constitute full ownership, only a part, or a proportion of it. The sale of a proportion occurs when two or more people are simultaneously owners of the same property, but only one intends to sell their share, in a private process or when only one of the parties is […]

  • HEREDITARY SHARE – WHAT IS IT?

    HEREDITARY SHARE – WHAT IS IT?

    The Hereditary Share is the fraction or share of the inheritance to which the heir is entitled, that is, part held by the holder of the inheritance. It is not full ownership. Between the moment of acceptance and the moment of sharing, the heirs have a Hereditary Share, corresponding to their share in the inheritance, […]

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