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Refinance and Mortgage Encyclopedia - bundle of rights
Bundle Of RightsAll of the legal rights incident to ownershipThe right of one or more persons to possess and use property to the exclusion of all others. A collection of propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. including rights of use, possession, encumbering and disposition. Bundle Of RightsBeneficial interests or rights which attach to the ownershipThe right of one or more persons to possess and use property to the exclusion of all others. A collection of real propertyThe type of property ascribed to real estate investments, such as houses, land, buildings, retail stores, malls, etc., including the right to sell, leaseAn agreement to pay money in exchange for use of property., encumber, use, enjoy, exclude, will, etc. When purchasing real estateThe physical parcel of land and all improvements permanently attached. An identified parcel or tract, one actually buys the rights previously held by the sellerA person who makes a transfer of title to real estate., except those which are reserved or limited in the sale.
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