Bundle of legal rights
The theory that land ownership involves ownership of all legal rights to the land, such as possession, control within the law, and enjoyment, rather than ownership of the land itself.
More Real Estate Definitons
Gift DeedAncillaryZero Lot LineAccrueGardenJudgment clauseQuayKickbacksLegal TitleBridgingKilometerRoll-Over PaperQualified FeeBackup OfferJudgment ProofLayoutZoneReleaseValuatorWingLeased FeeBuffer zoneAmendmentsUnder-LeaseTract LoanImplied NoticeGradeLiveElevationExcavateCadastreFenestrationKilnDeliveryEffluentEffective AgeWaiveNet EarningsH-BeamIrrevocableDefaultGross lease