Right of Usufruct

Lifetime right of usufruct held by the judgment debtor over the mixed property situated at São Gens, Rua Principal, in Areal, in the Union of Parishes of Montemor-o-Velho and Gatões, municipality of Montemor-o-Velho, comprising farmland and industrial premises consisting of an office with three rooms and a bathroom, a garage with three storage rooms, a bathroom, a workshop and a shed for parking lorries, bordering to the north with João Moura Matoso, to the south with Ernesto Maia Pardal, to the east with Francisco da Costa Rebelo and to the west with a municipal road, total area 10,145 m2, covered area 526 m2, uncovered area 9,619 m2, registered in the rural property tax register under Art. 3046 and in the urban property tax register under Art. 1629, and described in the CRP of Montemor-o-Velho under number 287/Montemor-o-Velho.

The usufructuary is 70 years of age.

The property subject to usufruct is located in an area with good access.

Interested parties wishing to submit proposals must first inspect the property subject to usufruct, ensuring that it meets their expectations. Pursuant to and for the purposes of Art. 838.º of the Code of Civil Procedure, it is presumed that the bidder has inspected the property and knows its characteristics and its state of maintenance and conservation, and all responsibility for failure to verify these matters is disclaimed; this failure to verify does not constitute grounds for annulling the sale.
The bidder should also bear in mind that, given the specific nature of this sale, the property subject to usufruct may suffer deterioration or alteration, the responsibility for which will be attributable solely to the depositary custodian.

The judgment debtor Hermínia de Santa Rita Cadima has been appointed as depositary custodian, having been informed of the duties inherent to the role, namely the duty to administer the asset with due diligence, the duty to render accounts and the duty to present the asset when requested, pursuant to Arts. 760º and 771º of the CPC.

Visits are arranged in advance with the depositary custodian, through the contact listed in the relevant visits field.

The minimum sale price of the right of usufruct is that stated in the field «VALOR MÍNIMO» and not the opening value.

Once the Auction has closed and the proposal has been accepted, in due course the bidder will be notified to deposit the price offered, without fail, within 15 days (article 824º n.º 2 of the Code of Civil Procedure).

All requests for information should be sent to: fernanda.jorge-5246c@adv.oa.pt