Naked Title | Propertylogy

Naked Title

By on August 14, 2018

A naked title refers to a legal title to a property with none of the usual rights and privileges associated with ownership.

Also referred to as a bare legal title, these types of title are usually held by trustees.

It must be noted however that even though a trustee will have control over the property, the law recognizes that the rights to the properly rightfully belong to it’s beneficiaries.

As opposed to a naked title, beneficiaries will have equitable title.

Naked titles can also arise in hypothecation mortgages.

In this case, a third party will hold a naked title until the mortgage is paid off.



You May Also Like...

hair1 eye1 abs1
Latest Singapore home loan rates
Hidden items that bring up mortgage costs
Hiring a competent agent
How to burn more calories in the office

Send this to a friend