Question

A trust deed gives the lender a right to request that the trustee perform certain tasks in order to fulfill the terms of the trust. The trustee may take action in those circumstances because he holds:A) naked title.B) equitable title.C) reversionary title.D) public title.

Answer 1

Answer:

Naked Title

Explanation:

The naked title entitles in the title holder to enforce trust to comply with the clauses of the agreement because this right is given to the trustee. Such titles does not possesses any sort of rights of the ownership of asset and its use. So the only purpose includes the tax benefits and the enforcement of the compliance with the clauses of agreements.