UAE Civil Transactions Law

Article 1243

Book Three: Original Real Rights (in Rem) · Section Two: Rights Deriving from the Right of Ownership · Chapter One: Rights of Usufruct, Use, Habitation, and Musataha · Part One: Right of Usufruct · Second: Effects of the Right of Usufruct

1. If the property subject to the right of usufruct is a movable, it shall be described and an inventory made of it, and the usufructuary shall be obliged to provide a guarantee or security, unless otherwise agreed. If this movable cannot be used without being consumed, the usufructuary shall return its equivalent or pay its value after the end of their right of usufruct. 2. If the property subject to the right of usufruct is livestock, its offspring shall belong to the usufructuary, and they shall compensate the owner for what has perished from it, even if due to a cause not attributable thereto. 3. If the usufructuary dies before returning the movables to their owner, they shall be returned in kind if they exist. If they have perished or been consumed, wholly or in part, liability for their equivalent or value shall be a debt chargeable against their estate.

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