Property Ownership
In Oregon, which property right is included in the 'bundle of rights' concept?
AThe right to free legal advice from the county
BThe right to use, enjoy, exclude others, encumber, and dispose of the property✓ Correct
CThe right to develop without zoning restrictions
DThe right to avoid all property taxes
Explanation
The bundle of rights is a legal concept describing the various rights that come with real property ownership: the right to use and enjoy the property, the right to exclude others, the right to encumber (mortgage) the property, the right to sell or transfer the property, and the right to possess the property. Government regulations may limit some of these rights.
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