Usufruct Right

Lifetime usufruct right held by the judgment debtor over the mixed-use property located at São Gens, Rua Principal, in Areal, in the União das freguesias de Montemor-o-Velho e Gatões, municipality of Montemor-o-Velho, comprising cultivated land and industrial premises consisting of an office with three rooms and a toilet, a garage with three storage rooms, a toilet, a workshop and a warehouse for housing lorries, bounded to the north by João Moura Matoso, south by Ernesto Maia Pardal, east by Francisco da Costa Rebelo and west by a municipal road, total area 10,145 m2, covered area 526 m2, uncovered area 9,619 m2, registered in the rural property register under Art. 3046 and in the urban property register under Art. 1629 and described in the CRP of Montemor-o-Velho under no. 287/Montemor-o-Velho.

The usufructuary is 70 years old.

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

Interested parties wishing to submit bids should carry out a prior inspection of the property subject to the usufruct, ensuring that it meets their expectations. Pursuant to Art. 838.º of the Code of Civil Procedure, the bidder is presumed to have inspected the property and to be aware of its characteristics and state of maintenance and conservation, and all liability for failure to verify these matters is disclaimed; this failure to verify does not constitute grounds for annulling the sale.
The bidder should also take into account that, given the specific nature of this sale, the property subject to the usufruct may suffer deterioration or alterations, for which liability shall rest solely with the trustee custodian.

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

Visits are arranged in advance with the trustee custodian, through the contact details listed in the visits field.

The reserve price for the usufruct right is that stated in the field "VALOR MÍNIMO" and not the opening price.

Once the auction has closed and the bid has been accepted, the bidder will be notified in due course to deposit the price offered, without fail, within 15 days (article 824.º no. 2 of the Code of Civil Procedure).

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