Ownership rights in property, including the right to possess and control the property quizlet

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What are property rights quizlet?

property rights. the rights to use, control and obtain the benefits from a good or a service. private property rights. property rights that are exclusively held by an owner and protected against invasion by others; can be transferred, sold, or mortgaged at the owner's discretion.

What is the definition of ownership quizlet?

What is the best definition of ownership? Ownership is the right to possess land or goods.

What is a thing that is subject to ownership quizlet?

A thing, tangible or intangible, that is subject to ownership and a group of related legal rights. Something that is either movable or intangible. The rights to use such things also are considered personal property.

Which of the following is the document that transfers ownership of property quizlet?

A deed is the legal document that transfers real estate title from one party to another.

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