Property Ownership
The concept of 'bundle of rights' in Pennsylvania real estate includes the right to:
APossess, use, transfer, encumber, and exclude others✓ Correct
BConduct any business without restriction
COverride zoning regulations
DRefuse property tax assessments
Explanation
The bundle of rights concept describes ownership as a collection of individual rights: possess, use, transfer (sell/devise), encumber (mortgage), and exclude others. Ownership can be divided by transferring some sticks from the bundle (easements, leases, mortgages) while retaining others.
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