usufructuary

/ˌjuːzəˈfrʌktʃuˌɛri/
noun
  1. A person who has the legal right to use and enjoy someone else's property or assets without owning them.
    • The usufructuary was responsible for maintaining the property during the term of the agreement.
    • As the usufructuary, she could live in the apartment but could not sell it.
    • In ancient Rome, a usufructuary could farm the land but had to return it in good condition.
Synonyms
adjective
  1. Relating to or involving the legal right to use and enjoy someone else's property.
    • The lawyer explained the usufructuary obligations to the beneficiaries.
    • They signed a usufructuary agreement allowing them to use the orchard for ten years.
    • The usufructuary rights were clearly outlined in the contract.