What do the rights included in the bundle of rights allow a property owner to do?

The correct answer highlights that the rights included in the bundle of rights empower a property owner to manage and utilize the property. The bundle of rights refers to the legal privileges that come with property ownership, which typically include the right to possess the property, use it in various ways, sell or transfer ownership, lease it to others, and even develop it. These rights enable an owner not only to live in the property but also to make decisions regarding its use, such as renting it out, making improvements, or conducting business activities.

By focusing on the management and utilization of the property, the answer underscores the comprehensive nature of ownership. It is not constrained to merely selling or living in the property; it encompasses a broader spectrum of actions that an owner can take to derive value or enjoyment from their property. This expansive view is critical in understanding real estate ownership, as it reflects the various ways property can be an asset for the owner.