Bundle Of Legal Rights

Building Codes Reading Bundle Of Legal Rights 1 minute Next Business Trust (syndicate)

Definition: An ownership theory describing all the legal rights that attach to the ownership of real property, including disposition, enjoyment, exclusion, possession and control.

Pronunciation: \ˈbən-dəl\  \ˈlē-gəl\

Used in a Sentence:   The right to sell our property is covered by the bundle of legal rights.

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