Dec 31 , 2015

Tampa School of Real Estate

Bundle Of Legal Rights

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.