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Simple English definitions for legal terms
naked
Read a random definition: aliquot-part rule
A quick definition of naked:
Term: NAKED
Definition: Naked means something is not fully confirmed or validated. For example, if someone has naked ownership of property, it means they own it but don't have all the legal documents to prove it.
A more thorough explanation:
Definition: lacking confirmation or validation, especially in regards to a legal act or instrument.
Example: The deed to the property only showed naked ownership, meaning it did not include any legal guarantees or protections.
Explanation: The term "naked" in this context refers to something that is incomplete or lacking in necessary components. In the example given, the deed to the property only showed ownership without any additional legal protections or guarantees. This means that the ownership is not fully validated or confirmed, and could potentially be disputed or challenged in the future.