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What is Understanding Real Estate about?

The bundle of rights refers to the five legal rights that come with property ownership: the right of possession, the right of control, the right of exclusion, the right of enjoyment, and the right of disposition. When you own property outright you have a "full bundle" of rights, but things like mortgages or renting the property can mean sharing some rights with others. Understanding your specific bundle of rights is important so you know what actions you can and cannot take regarding the property.

Author

Nathaniel Rasos

Language

EN