Volume 1, Draft Civil Code - Digital exhibitions & collections - McGill ...

226 PROPERTY
121 The usufructuary may lease the things comprised in the
usufruct or dispose of his right by gratuitous or onerous title.
On termination of the usufruct, the lease granted by the
usufructuary becomes subject to Articles 530, 531, 532 and
548 of the Book on Obligations.
122 Except when otherwise provided in the act constituting
the usufruct, the usufructuary may not claim any indemnity
for the improvements he has made, once the usufruct has
expired.
He may remove such improvements, however, provided
he restores the thing to the state in which he received it.
Section IV
Obligations of the usufructuary
123 Unless he is exempted therefrom, the usufructuary,
having notified the owner, must cause to be drawn up, at his
own expense, an inventory of the moveables and a statement
of the immoveables subject to his right.
A usufructuary who has not complied with this obligation
may not require the owner to grant him the things
subject to the usufruct; his delay, however, does not deprive
him of the right to the fruits from the time the usufruct opens.
124 The usufructuary must furnish security to ensure execution
of his obligations; this does not apply to a vendor or to a
donor who has reserved the usufruct.
While the usufruct lasts, he must furnish additional
security if his obligations increase.
125 If the usufructuary does not furnish security within a
reasonable period of time, the bare owner or the usufructuary