1 · Start with the idea
Ownership is not one giant right. It is a group of rights. An owner can often possess the property, use it, transfer it, use it as security, and keep others out, subject to law and private restrictions.
Foundations · 2 / 8
If you own property, what are you actually allowed to do with it?
How property ownership and home transactions work
2 · Picture it
A landlord may let a tenant live in the property without giving the tenant ownership. That shows how one part of the owner's rights can be shared while other rights stay with the owner.
3 · Now learn the English words
bundle of rightsthe group of legal rights that make up ownership
encumberto place a claim or burden on property, such as using it as security for a debt
4 · Why this matters
Later topics such as leases, easements, loans, and transfers are much easier when ownership is understood as a bundle rather than one indivisible thing.
5 · Check yourself
Can an owner give someone the right to use a property without giving away every ownership right?
Show answer
Yes. Ownership rights can be separated and shared in different ways.
Source
StateCourse California Real Estate Principles · Lesson 01