Question

The most desirable bundle of rights in time-sharing gives the buyer privileges to rent or sell the interest in the property. these rights are known as

Answer 1

Answer:

the right of disposition

Explanation:

The bundle of rights in real estate refers to five broad rights that a buyer acquires when he/she purchases a property:

1. the right of possession : right to own the property
2. the right of control : right to use the property in any legal way
3. the right of exclusion : right to limit who enters the property
4. the right of enjoyment : right to legally enjoy the use of the property
5. the right of disposition: right to transfer the property, either permanently (by selling it) or temporarily (by renting it)

Answer 2

The most desirable bundle of rights in time-sharing gives the buyer privileges to rent or sell the interest in the property. These rights are known as Livery of Seisin. Livery of Seisin refers to owning something and having the right to sell it. When a consumer owns a time-share, they have the rights to rent or sell the property during their allotted time during the year they have the property.