Usufructuary
Usufructuary , noun
[Latin usufructuarius.]
(Law) A person who has the use of property and reaps the profits of it. — Wharton
Usufructuary , adjective
(Law) Of or pertaining to a usufruct; having the nature of a usufruct.
The ordinary graces bequeathed by Christ to his church, as the usufructuary property of all its members.