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The bundle of rights is a metaphor to explain the complexities of property ownership. [1] Law school professors of introductory property law courses frequently use this conceptualization to describe "full" property ownership as a partition of various entitlements of different stakeholders .
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]
There are two main views on the right to property, the traditional view and the bundle of rights view. [8] 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]
Property rights can be viewed as an attribute of an economic good. This attribute has three broad components, [3] [4] [5] and is often referred to as a bundle of rights in the United States: [6] the right to use the good; the right to earn income from the good
An owner has a right to exclude any other person from his property. This has been described by the U.S. Supreme Court "as one of the most essential sticks" in the bundle. [8] In general, the owner of a tract of land may prevent anyone else from entering upon it. This right is enforced by the tort of trespass. Some exceptions apply: for example ...
Chose (pronounced: / ʃ oʊ z /, French for "thing") is a term used in common law tradition to refer to rights in property, specifically a combined bundle of rights. [1] A chose is the enforcement right which a party possesses in an object. The use of chose extends from the English use of French within the courts. [2]
Bundle Brent, an Agatha Christie character; Bundle theory, in philosophy; Bundling (tradition), the traditional practice of wrapping one person in a bed accompanied by his/her courter; Sacred bundle, a wrapped collection of sacred items held by a designated carrier in Indigenous American cultures