When an owner of real estate sells the property to someone else, which of the sticks in the bundle of legal rights is the owner, as the seller, using?

Question

Social Studies

Vincent Travis

23 July, 23:35

When an owner of real estate sells the property to someone else, which of the sticks in the bundle of legal rights is the owner, as the seller, using?

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Adrianna Cross · Answer 1

Answer:A Disposition

Explanation:A Disposition in real estate is a term used to define the act of disposing an asset. The prevalent one is selling stock in an open market or making donations to charities, it means one has given up their right of possession to that particular asset. If one sells his or her property they have given it away to someone else they no longer posses the property, they have disposed it.