Glossary · Property

Glossary Property — vocabulary in context

Cadastre, emphyteusis, usufruct.

8 definitions · 3 clusters
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3 semantic hubs · 8 connected terms

Each cluster groups a central concept and its related terms. Click to explore.

A
Authentic deed →

An authentic deed is a document drafted and signed by a notary conferring particular probative and enforceable force, mandatory for the transfer of immovable property in Belgium.
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Private agreement
A private agreement is a document drafted and signed by the parties themselves, without a notary's involvement, valid for leases but insufficient for property transfer.
B
Bare ownership →

Bare ownership is a divided property right where the holder owns the property but does not have enjoyment of it, this being reserved for the usufructuary.
↳
Usufruct
Usufruct is a temporary real right to enjoy a property belonging to another, as a true owner, with the obligation to preserve its substance.
 ↳
Temporary bare ownership
Temporary bare ownership is a division of ownership for a determined period, where the bare owner recovers full ownership upon expiry of the temporary usufruct.
 ↳
Successive usufruct
Successive usufruct is an arrangement whereby the usufruct is attributed successively to several beneficiaries, the second only enjoying it upon the death or renunciation of the first.
J
Joint ownership →

Joint ownership (indivision) is a legal situation in which several persons own the same property without their respective shares being physically individualised.
↳
Property company
A property company (SCI) allows several persons to jointly own and manage a property portfolio, offering tax and inheritance planning advantages.

Do not confuse

Bare ownership vs Temporary bare ownership
Bare ownership is a divided property right where the holder owns the property but does not have enjoyment of it, this being reserved for the usufructuary. / Temporary bare ownership is a division of ownership for a determined period, where the bare owner recovers full ownership upon expiry of the temporary usufruct.
Successive usufruct vs Usufruct
Successive usufruct is an arrangement whereby the usufruct is attributed successively to several beneficiaries, the second only enjoying it upon the death or renunciation of the first. / Usufruct is a temporary real right to enjoy a property belonging to another, as a true owner, with the obligation to preserve its substance.
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This glossary contains 8 definitions

Each term is explained in the Belgian legal context, with the specificities of the 3 Regions (Brussels, Wallonia, Flanders). Definitions include practical examples and links to reference articles.

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