When you purchase a home, you are buying much more than four walls and a roof. You are also acquiring a Bundle Of Rights that come with the property. This bundle of rights includes the right to use, occupy, and enjoy the property as well as the right to exclude others from doing so. It also includes the right to sell or lease your property, and the right to pass it on to future generations. These rights are protected by state and federal law, and they cannot be taken away without your consent.The bundle of rights that comes with real estate ownership is one of the most important factors in protecting home ownership as an essential part of our economy and society. By owning their own homes, people have a place to call their own, they can build equity over time, and they can put down roots in their communities. The security provided by this bundle of rights helps ensure that home ownership remains accessible for all Americans.So when you buy a home, remember that you are not just getting four walls-you're getting a package of important legal rights that will help protect your investment for years to come.
