Alabama Real Estate Practice Exam

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Prepare for the Alabama Real Estate Exam. Utilize flashcards and multiple-choice questions, each coupled with hints and explanations. Ace your upcoming test!

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What does the 'Bundle of Rights' include?

Right to sell only
Right to occupy, use, enjoy, and employ the property productively
Right to lease the property only
Right to employ the property in productive ways only

The correct answer is: Right to occupy, use, enjoy, and employ the property productively

The 'Bundle of Rights' refers to the collection of legal rights that come with owning a piece of real estate. These include the right to occupy, use, enjoy, and employ the property productively. Option A is incorrect because it only mentions the right to sell, which is just one aspect of property ownership and not the entire bundle. Option C is incorrect as it only mentions the right to lease, which is just one form of property use. Option D is incorrect because it limits the right to employ the property in only productive ways, rather than all possible ways.