Know your real estate bundle of rights

Buying real estate in Texas is an exciting prospect. This is your chance to be a landowner and make a great deal of profit. Of course, there are plenty of details that you need to keep in mind. One of them will be knowing your rights as the owner of property. It’s time that you knew what the bundle is all about.

Your basic rights as a home owner

One of the least talked about aspects of modern real estate law is the bundle of rights you will be privy to. This will only take effect once you have signed on the dotted line to become a bona fide property owner. These are rights that are protected by the Constitution but are also subject to laws made by your state and municipality.

One of the most crucial rights you will receive in your bundle is the right of possession. This is your right to take possession and make full use of every bit of land that is contained within the parcel you have bought. This right will be subject to certain exceptions made by the Federal, state, and local governments.

Ownership gives you the right of exclusion

Before you agree to become an investor in real estate, you need to know what you are getting into. You need to be aware of your rights as a property owner. One of them will be the right to control who can come on your land.

This is known as the right of exclusion. People who enter your premises without permission can be prosecuted for trespassing. As the owner of the property, you will have the right to decide who is and who is not a trespasser. This right will be subject to exclusions made by legal authorities.