Page 192 - Important Provisions of The New Civil Code

EXTINGUISHMENT OF USUFRUCT

Article 603. Usufruct is extinguished:

(1) By the death of the usufructuary, unless a

contrary intention clearly appears;

(2) By the expiration of the period for which

it was constituted, or by the fulfillment of

any resolutory condition provided in the title

creating the usufruct;

(3) By merger of the usufruct and ownership

in the same person;

(4) By renunciation of the usufructuary;

(5) By the total loss of the thing in usufruct;

(6) By the termination of the right of the

person constituting the usufruct;

(7) By prescription. (513a)