Bundle Of Rights

Question 1

Bundle of Rights include

Answer 1

The right of Possession
The right to Use
The right to Transfer
The right of Exclusion
The right to Encumber

Question 2

The right of Exclusion

Answer 2

When you own a property you can exclude anyone you care from entering or denying them the use of it.

Question 3

The right to Encumber

Answer 3

The right to encumber gives an owner the right to use the property as collateral for a debt. This includes mortgages, easements, and property tax liens