The beneficiary can own, use, utilize and benefit from the real-estate. The beneficiary’s legal usufruct lasts until the end of his life generally, , but it can be for a shorter period of time, but this is not universal.

Process: When we make a commission contract with the owner, and beneficiary is registered onto the real-estate(on title deed), in that case the beneficiary is required to complete and sign a declaration (CH form). This is about knowing the sale of the real estate and will renounce the usufruct if a sales contract is established. The beneficiary is required to appear personally on the sales contract. If it does not work physically, you need to provide a notarised power of attorney to someone who will be represented at this event. For renouncing a usufruct (for a deletion) there is a separate prize, which the lawyer has to pay then.

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