What is typically included in the bundle of rights granted with property ownership?

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The bundle of rights associated with property ownership encompasses a variety of rights that a property owner holds, which are fundamental to the concept of real estate ownership. The right to sell is a core component of this bundle, as it allows the owner to transfer their interest in the property to another party. This right is essential because it provides the owner with the ability to realize the value of their property through a sale, which is a primary motivation for ownership.

The other rights, while they could potentially be relevant in certain contexts, do not represent the fundamental or most commonly recognized aspects of the bundle of rights. For instance, the right to borrow can depend upon the owner's financial situation and does not inherently derive from property ownership. Similarly, the right to lease might apply to certain situations but is not exclusive and does not encompass the full spectrum of the rights typically included in property ownership. Lastly, the right to investigate is not a standard part of the bundle of rights but may refer to the due diligence a prospective buyer conducts.

In summary, the right to sell is a definitive and integral aspect of property ownership that is universally applicable and fundamental to the concept of ownership itself.

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