Property Ownership
In Vermont, the 'bundle of rights' associated with real property ownership includes which of the following?
ARight to use, right to exclude, right to transfer, right to encumber, and right to enjoy✓ Correct
BRight to use, right to free utilities, right to exempt from taxation, and right to eminent domain
CRight to occupy only — all other rights are held by the state
DRight to sell only to Vermont residents under the Land Gains Tax
Explanation
The bundle of rights concept in real property law includes the right to use the property, exclude others, transfer it to others, encumber it (mortgage), and enjoy it. These rights may be individually transferred or encumbered.
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