Bundle Of Rights Flashcards
1
Q
Bundle of Rights
A
The legal rights the accompany real property ownership
2
Q
1
A
Right to possess the property
3
Q
2
A
Right to control the property within legal limits
4
Q
3
A
Right to enjoy the property and use it an any legal manner
5
Q
4
A
Right to exclude others from entering or using the property
6
Q
5
A
Right to encumber the property, as with a mortgage
7
Q
6
A
Right to dispose of the property by sale, will or other transfer
