naked owner
- This is a legal term, mainly used in Louisiana's civil law, referring to an individual who owns a property that has a usufruct attached to it
- Under his agreement as a naked owner, he owns the house but cannot live there until the usufruct right terminates.
- Due to the usufruct, the naked owner doesn't have the right to use the property or receive any income from it.
- The duties of the nakde owner are determined by the law, despite not having the right to use or receive benefits from the property.
Provide Feedback
