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[Cites 0, Cited by 0] [Section 293] [Entire Act]

State of Goa - Subsection

Section 293(1) in Goa Succession, Special Notaries and Inventory Proceeding Act, 2012

(1)Emphyteusis is a conveyance whereby the owner of any property transfers the beneficial ownership (dominium utile) to another and the latter binds himself to pay him annually certain determined periodic sum, which is known as emphyteutic fee. Upon such conveyance, the owner of the property shall be the owner of the direct domain only and the transferee shall be the beneficial owner.