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◦ Causes or Grounds:
a. By the death of the usufructuary , unless contrary intention
clearly appears;
b. By the expiration of the period for which it was constituted, or
by the fulfillment of any resolutory condition provided in the
title creating the usufruct;
c. By merger of the usufruct and the ownership in the same
person;
d. By renunciation of the usufructuary;
e. By the total loss of the thing in usufruct;
f. By the termination of the right of the person constituting the
usufruct;
g. By prescription,
Aside from the foregoing causes, usufruct is also extinguished: (1)
by the noncompliance with any condition agreed upon by the parties
as grounds for terminating the usufruct; (2) by the rescission or
annulment of the contract which is the source of the right of
usufruct; and (3) by any causes which extinguish legal usufruct.
G.R
The usufruct is extinguished upon the death of
the usufructuary even if there is a period or
condition agreed upon.
Note, however, that it is the death of the
usufructuary which generally results in the
termination of the usufruct. Hence, the death
of the naked owner will not extinguish the
usufruct unless the parties expressly so
stipulate.
XPN
When the contrary intention clearly appears.
In multiple usufructs, the usufruct is
extinguished only upon the death of the last
survivor (Art. 611)
However, even prior to the arrival of the
period or prior to the fulfillment of the
resolutory condition, the usufruct is already
extinguished upon the death of the
usufructuary unless there is an express
agreement that the usufruct shall continue
even after such death.
In case the usufruct was constituted in favor
of a town, corporation or association, such
must not exceed 50 years. (Art. 605)
In cases where the usufruct is granted for the
time that may elapse before a third person
attains a certain age, the usufruct shall
subsist for the number of years specified,
even if the third person should die before the
period expires.
◦ XPN
However, when such usufruct has been
expressly granted only in consideration of the
existence of the third person the usufruct is
extinguished upon the latter’s death.
Takes place when the rights of usufruct and
ownership are acquired by one and the same
person who becomes the absolute owner of
the property.
Example
◦ H (Husband), has usufructuary right over a land
owned by W (Wife), and W decided to die leaving H
as the sole heir, the usufruct is extinguished
because H becomes both naked owner and the
usufructuary of the property.
Abandonment of one’s own right in favor of
another.
Must be made willingly and voluntarily.
Renunciation, according to Manresa, must be
made expressly. It is submitted, however, that
since this partakes of a remission or donation,
it can be made expressly or impliedly, as long
as it is done clearly, with intent to renounce.
When made expressly,the formalities of a
donation must be complied with. (Art. 1270).
A thing is lost when it perishes, or goes out of commerce,
or disappears in such a manner that its existence is
unknown or it cannot be recovered.(Art. 1189) Hence,
loss may either be physical or juridical.