naked title

naked title

Bare legal title to property,carrying with it none of the benefits of ownership.Usually the title held by a trustee,with the beneficiary holding equitable title.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
But Razon disputed Aranas' plan, arguing the GSIS only has a "naked title" of the property.
Tycoon Enrique Razon-led ICTSI had claimed the GSIS had 'at most, only a naked title' to the disputed 67-hectare land.
Before his resignation, Aranas had reiterated the plan of the GSIS to sell its Manila North Harbor property, despite the claims of port operator ICTSI that the agency only has a 'naked title' on the property.
Razon, who is also a known close friend of President Duterte, had said that GSIS has only a "naked title" for the port area lot with no right to use the property.
Da Ali G Show (C4, Friday)got off to a good start with the naked title sequence.
Tycoon Enrique Razon, owner of ICTSI, opposed the sale claiming the GSIS has 'at most, only a naked title' to the disputed 67-hectare land.
Aranas defended the state fund's plan despite questions from ICTSI president and chairman Enrique Razon, who claimed that GSIS only has a "naked title" of the property, meaning it had no right to use the land.
(ICTSI) that the agency only has a 'naked title' on the property.
Aranas was reacting to an earlier statement of ports and shipping tycoon Enrique Razon that GSIS only had a 'naked title,' hence had no right to use the property.
Razon Jr., president and chairman of ICTSI, reportedly said that GSIS has only a naked title with no right to use the property.
Enrique Razon, ICTSI president and chairman had said that GSIS has only a "naked title" with no right to use the property.
claimed that what the GSIS was holding to claim ownership of the disputed 67-hectare real estate in Manila's port area was 'at most, only a naked title' without the corresponding right to use the property.