Cessation of usufruct

The right of usufruct granted to the parents ceases: 1. On the attainment of majority or emancipation of the children; 2. When, on the death of any of the spouses, inventory proceedings have not been instituted within the period prescribed by law; 3. By renunciation. § Sole paragraph - The renunciation, made in favour of the son or daughter, shall be deemed to be a gift.