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Ownership Rights to Realty

 
Real Estate Dictionary: Ownership Rights to Realty

Possession enjoyment, control, and disposition. See also Fee Simple, Interest, Tenancy.
Example: By virtue of Title to the property, Overton enjoys full ownership rights to realty. This enables Overton to use the property, Lease out the property, pledge it as Security on loans, and sell the property within the restrictions of the law.

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Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more