naked owner

Definition of "naked owner"
  1. 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
How to use "naked owner" in a sentence
  1. Under his agreement as a naked owner, he owns the house but cannot live there until the usufruct right terminates.
  2. Due to the usufruct, the naked owner doesn't have the right to use the property or receive any income from it.
  3. The duties of the nakde owner are determined by the law, despite not having the right to use or receive benefits from the property.

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