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Investment

Bare ownership

Ownership right over a property whose usufruct (right of use) belongs to another person.

Full definition

Bare ownership is the right to own a property without being able to use it or receive income from it, as the usufruct is held by another person. In Belgium, the dismemberment of ownership is a major estate planning tool.

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Ownership right over a property whose usufruct (right of use) belongs to another person.