The Bundle of Rights is an absolute must know for the real estate exam. In this video we will discuss what the Bundle of Rights are and how they impact ownership.

Before watching this video, it is recommend you watch this video first: “Real Property Rights”:

Key real estate terms you should know once you’ve completed this video:

(1) Bundle of Rights – The legal rights an owner has in real property, such as the right of possession, to lease, use, will, mortgage, etc.

(2) Surface Rights – A Bundle of Rights – Allows the owner to use the surface of land

(3) SubSurface Rights – A Bundle of Rights – Allows the owner to use the land below the surface of the earth, such as mining, drilling, or digging a well

(4) Air Rights – A Bundle of Rights – Allows the owner to use or occupy the air space abouve the property.

(5) Profit Prendre – A Bundle of Rights – The right to remove something for a profit from the land of another such as oil, gas, timber, gold, etc.

Best of luck with your studies…

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Paul Vojchehoske
Mr. Real Estate Seminars, Inc.
The Real Estate Classroom
P. O. Box 540725
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(402) 660-0395

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P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.

Paul Vojchehoske

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