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Why are usufructuary owners entitled to compensation for expropriation

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Why are usufructuary owners entitled to compensation for expropriation


        

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  • 2024-05-26 04:00:41

    If the real estate or movable property of others is expropriated or requisitioned, which results in the extinction of ownership or affects the exercise of ownership, the owner shall be compensated according to law; Similarly, if the usufructuary right is extinguished or the exercise of usufructuary right is affected due to the expropriation or requisition of the real estate of others, the usufructuary right holder shall also have the right to obtain compensation according to law.

    [Legal Basis]

    Article 117 of the Civil Code states that fair and reasonable compensation shall be given to those who expropriate or requisition immovable or movable property in accordance with the limits of authority and procedures prescribed by law for the sake of public interests.

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