WEBVTT

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Owning a home means more than holding a

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key.

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Think of ownership as a bundle of rights.

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Possession:

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occupy the property.

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Control:

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decide how to use it within legal limits.

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Enjoyment:

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use its benefits.

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Exclusion:

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keep others out, subject to their legal rights.

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Disposition:

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transfer your interest.

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Now watch one right separate from the bundle.

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A lease can give a tenant possession for

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a period, while the landlord retains ownership.

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An easement can grant a limited use right.

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The rights are not unlimited.

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Laws, valid restrictions, and other people's interests still

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matter.

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Quick check:

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does granting a driveway easement automatically transfer ownership

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of the entire parcel?

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No.

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A limited use right can be granted separately.