Usufruct agreements for ash crypts documentation and selling

#HolyGardens - #memorialexperts

Several golden thoughts on this business picked up learned from a sibling

1. The return on investment and ease of development of a columbarium:  ash crypts and body crypts is higher, faster, Risk is lower.

2. HLURB coverage of ash crypts does not apply if:   usufruct contract is used

Usufruct is a limited real right (or in rem right) found in civil-law and mixed jurisdictions that unites the two property interests of usus and fructus:

• Usus (use) is the right to use or enjoy a thing possessed, directly and without altering it.
• Fructus (fruit, in a figurative sense) is the right to derive profit from a thing possessed: for instance, by selling crops, leasing immovables or annexed movables, taxing for entry, and so on.

It is just like an ARU -  you give the right to use the property without altering the ownership. PInagagamit mo lang so hindi nagbebenta.  Ang bayad ay isang defrayment of expenses for the privilege

    Who said so:   the regulatory body lawyers (as this does not apply to CMP which are usually usufruct contracts)

    MC applies and is collected every five years

3.  The popular urn is the  mini casket  40 x 20 x 20 cm


4.  The other urns that are popular are imported from USA,or China that are in the P8,000 SRP