What phrase describes the collection of rights associated with property ownership?

The phrase that describes the collection of rights associated with property ownership is "Bundle of Rights." This concept is fundamental in real estate and property law, as it encapsulates the various rights an owner possesses regarding their property.

These rights typically include the right to use the property, the right to lease or rent it, the right to sell or transfer ownership, the right to improve or alter the property, and the right to exclude others from it. Viewing property ownership as a "bundle" helps to clarify that these rights can vary widely and can be separated, sold, or transferred individually. For instance, while one may own the physical land, another person might have the right to use the minerals found beneath it. Therefore, the term "Bundle of Rights" reflects the comprehensive nature of property ownership and the diverse interests that can exist in relation to a property.

Other options, while related to aspects of property and ownership, do not encapsulate the entirety of rights associated with property ownership in the same comprehensive way. For example, "Rights of Use" refers specifically to the right to use the property, but it does not cover the entirety of other rights like selling the property or excluding others from it. Similarly, "Legal Possession" pertains more to