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Bundle of rights
The ownership of property; allows one to buy, sell, or encumber real property or personal property. Also referred to as the bundle of legal rights; includes the rights of possession, control, enjoyment, exclusion, and disposition.
Added: Fri Jan 06 2006
Last Modified: Fri Dec 28 2007
Related Terms
Personal property (Personalty) Possession Real estate Real property Control Enjoyment Exclusion Disposition Bundle of legal rightsHave something to add? How useful is this Landterm? Bookmark this term
