Legal Definitions - bare ownership

Definition: Bare ownership refers to the ownership of property without the right to use, manage, or enjoy it. It is also known as trust ownership. The owner of bare ownership has limited rights and cannot convey the property to others.

Example: A father may give his property to his son but retain the bare ownership of the property. In this case, the son has the right to use, manage, and enjoy the property, but the father retains the right to sell or transfer the property to someone else. The son only has the right to use the property until the father's death, after which the son will become the full owner of the property.

This example illustrates how bare ownership works. The father retains the right to sell or transfer the property to someone else, which means he has limited rights. The son only has the right to use the property until the father's death, which means he has limited rights as well.