Search results
Results from the WOW.Com Content Network
A "bundle of sticks" – in which each stick represents an individual right – is a common analogy made for the bundle of rights. Any property owner possesses a set of "sticks" related directly to the land. [5] For example, perfection of a mechanic's lien takes some, but not all, rights out of the bundle held by the owner. Extinguishing that ...
Property consists of what has been referred to as a "bundle of rights" or a "bundle of sticks." The most important "sticks" in the bundle are: the right to transfer, the right to exclude, the right to use, and the right to destroy.
Sometimes called a short faggot, a faggot of sticks equals a bundle of wood sticks or billets that is 3 feet (90 cm) in length and 2 feet (60 cm) in circumference. [1] The measurement was standardised in ordinances by 1474. [1] A small short faggot was also called a nicket. [2]
In property law, title is an intangible construct representing a bundle of rights in (to) a piece of property in which a party may own either a legal interest or equitable interest. The rights in the bundle may be separated and held by different parties. It may also refer to a formal document, such as a deed, that serves as evidence of ownership.
There are two main views on the right to property in the United States, the traditional view and the bundle of rights view. [6] The traditionalists believe that there is a core, inherent meaning in the concept of property, while the bundle of rights view states that the property owner only has bundle of permissible uses over the property. [1]
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
An estate in land is, in the law of England and Wales, an interest in real property that is or may become possessory. [1] [2] It is a type of personal property and encompasses land ownership, rental and other arrangements that give people the right to use land.
Struggling to manage hunger crises sweeping the developing world even before U.S. President Donald Trump returned to the White House, the international famine monitoring and relief system has ...