naked land trust
- A type of trust that involves land and where the trustee only has title to the property but no rights to use or dispose of it
- The real estate investor chose to put his properties into a naked land trust, as it provided more protection for his assets.
- Under the structure of a naked land trust, the trustee isn't granted any power to utilize the property.
- A naked land trust was established for the land parcel to maintain anonymity of the property owner.
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