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, and what limits its use. Distinguish ownership interests, public and private controls, environmental hazards, and California water-rights rules.15%Practice Ownership and Land Use35 questions on this area, every option explained.Practice