A trust deed gives the lender a right to request that the trustee perform certain tasks in order to fulfill the terms of the tru

Question

Liono4ka [1.6K]

3 years ago

8

A trust deed gives the lender a right to request that the trustee perform certain tasks in order to fulfill the terms of the tru

st. The trustee may take action in those circumstances because he holds

Social Studies

1 answer:

Nutka1998 [239] · Answer 1 · 2022-07-22T09:13:21+03:00

Answer: Naked title

Explanation:

Naked title is defined as the title given to a property under the law that does not concern or relates with the routine ownership privileges and normal rights of property possessor.Usually trustees have the right of naked title which is also known as bare legal title.

According to the situation in question,actions taken by trustee upon the request of lender to complete the requirement of trust is based on naked title which is held by him.