Property Ownership
The bundle of rights theory of real property ownership includes the rights to:
AUse, enjoy, exclude, transfer, and encumber✓ Correct
BUse, enjoy, and transfer only
CExclude and encumber only
DBuild, mortgage, and condemn
Explanation
Real property ownership is described as a 'bundle of rights' including the right to use, enjoy, exclude others, transfer, and encumber (mortgage) the property.
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