How does bare ownership differ from usufruct?

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There are many types of properties and sometimes choosing the one that best suits us as future owners of a property is difficult. Also, if we are going to sell an apartment , depending on how it is, we will have to follow one procedure or another, such as, for example, if it is a bare property. This is sometimes confused with other types of related concepts, such as usufruct. Don't know that bare ownership and usufruct are two totally different concepts, and in this article we are going to explain to you, in an easy and simple way, the main differences that exist between usufruct and bare ownership.

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What is bare property?
To define bare ownership, it is advisable to first explain what full ownership or bare ownership consists of. This concept refers to the full ownership of a specific asset, which is divided into two key aspects:

On the one hand, there is bare ownership .
On the other hand, usufruct, which is the right that a person has to use and enjoy property that does not belong to them.  
Bare ownership is when the owner of an asset does not have the right Chinese Overseas America Number Data to possess and enjoy it, since the usufruct falls on a third person.

That said, we can affirm that usufruct and bare ownership are different rights despite falling on the same asset. When a person has bare ownership and usufruct of an asset, we say that he has full ownership over it.

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The bare owner, therefore, is the owner of that property, but will not be able to enjoy it freely, to the point that his authority over it will be limited. Currently, there are many cases in which the owner of a home decides to sell the bare property to obtain money, reserving the usufruct to continue using it.

This usually happens in the case of older people who need money to solve their financial situation and do not have heirs to whom they can transfer said home after their death. That way, they will receive compensation and will be able to continue living in that house throughout their lives.  

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What are their differences with respect to usufruct?
As we said, both bare ownership and usufruct are two rights, but there are clear differences between both concepts.



The bare owner refers to the owner of an asset that cannot be used or enjoyed .
The owner of a usufruct, however , may use and enjoy that property, even if he is not the owner.
Once the usufruct ends, which generally coincides with the death of the usufructuary, the bare owner will be able to enjoy his property again .
During the time that the right of usufruct lasts , the usufructuary will be able to use the home without anyone being able to interfere with it.
Logically, the bare owner will not be able to rent the home , although he may transfer his rights as bare owner to a third person.
The beneficiary of the usufruct can not only sell his rights to a third person , but also rent the home to have a monthly income.
In short, even though the owner of the home is the bare owner, he will not be able to use his property until the usufruct ends and during all that time it will be as if he had nothing.