2 Trustee takes legal or naked title to the subject matter of trust and acts on | Course Hero - What is naked legal title
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The borrower (the trustor), transfers this bare legal title to the trustee at the time he executes and delivers the trust deed to the beneficiary. However, his consent was induced by fraud on the part of the real estate broker. From buying and selling advice for consumers to money. Definition of naked title in the Financial Dictionary - by Free online English Bare legal title to property,carrying with it none of the benefits of ownership.Usually.