Property Ownership
In Washington, the bundle of rights in real property ownership includes all of the following EXCEPT:
AThe right to use the property
BThe right to sell the property
CThe right to exclude others
DThe right to pollute neighboring properties✓ Correct
Explanation
The bundle of rights includes the right to use, sell, lease, mortgage, gift, exclude others, and devise property. There is no right to pollute or harm neighboring properties — such use violates nuisance laws.
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Key Terms to Know
Adjustable-Rate Mortgage (ARM)
A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
Fee SimpleThe highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
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