By Lydia Blair
Your home might be made of bricks and stones, but your property rights are more like a bundle of sticks. It might be a big bundle or a little bundle. Some sticks are larger than others. But each stick represents a right to your real estate.
In the beginning of time (or for the sake of this article, let’s say 200 years ago), a piece of land included all rights to the property along with the right to do what you want with it. Like a great big bundle of sticks.
But as time goes by, some property rights can be taken away, given away or sold. A stick might be taken out of the bundle from time to time. Some may be removed voluntarily and others may have been taken for another reason.