150k views
3 votes
Homeowner Nick enjoys the complete bundle of rights to his property, and there are no clouds on title. Nick has what is referred to as _____ to his property

1 Answer

2 votes

Answer:

Legal title.

Step-by-step explanation:

A legal title refers to the ownership of a property, such as Nick has. He has the complete bundle of rights AND responsibilities/duties to use, maintain and control the property. He is both the owner and the person in charge so, with all that means. The legal title itself is a documanted paper with tie information of the person, in this case Nick. What could happen as well is that two parties could be involved in a legal title (not happening here) and could bring some disputes.

User Prins
by
8.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.