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Definitions
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Dictionary > Definitions > Economy > Dismemberment of property
Dismemberment of property
Definition
In the event of dismemberment of property, the usufructuary can perceive incomes. But the capital is alienated
Description
The usufructuary is held only with the expenditure of maintenance. The bare owner does not perceive any income. He is held with the major repairss. If the building is given in hiring, the usufructuary is taxable with the title of the land incomes for the rents which it perceives. The bare owner, if it supports the loads of major repairss, can n the other hand deduce them from his total income, in the absence of other land incomes, or if this expenditure exceeds the amount of its land incomes.
Author
Md.khurshed Alam
Author Email
mk_alamcce@yahoo.com
References
Definitions to be consulted