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5 Cards in this Set
- Front
- Back
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Bundle of Rights |
All of the legal rights incident to ownership of property including rights of use, possession, encumbering and disposition. |
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Land |
The materials of the earth, whatever may be the ingredients of which it is composed, whether soil, rock, or other substance, and includes free or unoccupied space for an indefinite distance upwards as well as downwards. |
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Mineral Rights |
A landowner’s right to receive a portion of the profits of any minerals that are extracted from the land. |
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Real Estate |
Land plus anything permanently attached to land. |
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Real Property |
Land, things affixed to land, appurtenances, plus the bundle of rights. |
