Ownership and Land Use, 15% of the examination
Bundle of rights
The collection of rights associated with ownership, including possession, control, enjoyment, exclusion, and disposition.
An owner may transfer or limit individual rights without transferring the entire fee estate. A lease transfers possession for a time, an easement grants a use right, and a deed of trust creates security. Thinking in separate rights makes encumbrance questions easier.
See also
Primary sources
Use these authorities when a course summary, forum answer, or older flashcard conflicts with the current California rule.
Where this is tested
Property Ownership and Land Use Controls and RegulationsWhat can be owned, how it is held, what limits it, and who does the limiting. Water rights and environmental hazards carry more weight in California than almost anywhere else.15%Practice Ownership and Land Use30 questions on this area, every option explained.Practice