Get the free florida fiduciary deed form

Owning property comes with a bundle of Rights property ownership is subject to the rights and interest of others the bundle rights is a common way to explain the complexities of property ownership it is useful to imagine the bundle of rights as something that could be separated and reassembled imagine that you had in your hand a number of straws each straw representing a distinct and separate right of the owner such as the use to use the property to sell it to lease it to give it away or to choose to exercise all or none of these rights for example if the owner does not pay a worker who worked on the property a mechanic's lien would be filed that would take some but not all the rights out of the bundle held by the owner now one of those straws that represent a right is gone taking care of the mechanic's lien returns those rights or straws to the bundle held by the owner the recognized rights include the right possession which means the properties owned by whomever holds title the right to control within the laws the owner controls the use of the property the right of exclusion others can be excluded from the property the right and enjoyment the order can enjoy the use of the property in any legal manner and the right of disposition basically means you could sell it rent it or will the property ownership of land is holding title to it the evidence of the transfer of title is the deed the seller execute a deed to transfer title to real property and the bundle of rights that go with it