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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.
As he nears death he calls them to him and gives them an object lesson in the need for unity. Having bound a bundle of sticks together (or in other accounts either spears or arrows), he asks his sons to break them. When they fail, he undoes the bundle and either breaks each stick singly or gets his sons to do so.
A faggot, in the meaning of "bundle", is an archaic English unit applied to bundles of certain items. Alternate spellings in Early Modern English include fagate, faget, fagett, faggott, fagot, fagatt, fagott, ffagott, and faggat. A similar term is found in other languages (e.g. Latin: fascis).
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]
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.
Redness and juiciness, for example, may be found together on top of the table because they are part of a bundle of properties located on the table, one of which is the "looks like an apple" property. By contrast, substance theory explains the compresence of properties by asserting that the properties are found together because it is the ...
There is an urban legend, called an "oft-reprinted assertion" by Douglas R. Harper, creator of the Online Etymology Dictionary, that the modern slang meaning developed from the standard meaning of faggot as "bundle of sticks for burning" with regard to burning at the stake. Homosexuals were burned at the stake during the late Middle Ages as ...