What is included in the bundle of legal rights associated with real property ownership?

The correct answer pertains to the "right of possession," which is a fundamental aspect of real property ownership. Ownership of real property generally confers a bundle of legal rights to the owner, and the right of possession allows the owner to physically occupy and use the property. This means that the owner has the legal authority to make decisions regarding the use of the property, whether for personal enjoyment, development, or rental purposes.

This right is essential because it establishes the owner’s control over the property, allowing them to exclude others from entering or utilizing their land without permission. The right of possession is foundational to the concept of property rights, as it empowers the owner to enforce their ownership against encroachments or trespassing by others.

In contrast, the other options reflect different aspects of property rights but do not represent the inherent right of possession that accompanies ownership. The right to manufacture is more related to business use rather than inherent property rights, while the right to impose restrictions involves how an owner can regulate land use or what can be built but does not equate to possession. The right of way typically refers to the legal right to pass through property owned by another, which is a specific easement rather than a right inherent to ownership itself. Thus, the right