What is bundle of rights?
The legal idea that ownership is a collection of rights (possession, use/control, exclusion, enjoyment, and disposition) that can be separated, transferred, leased, or encumbered.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.