A Bundle of Rights to Real Estate and What it Includes

Copyright © 2008 Ralph Marcus (Mark) Maupin
Understanding real estate agreements requires a basic knowledge of what rights or interest to property that are affected by a specific agreement or contract. The following is a basic listing of rights that are commonly dealt with and general descriptions. The following listing does not represent a complete list of the various rights that can be held in and to real estate, nor does it give a thorough and full description of the rights covered, but it is sufficient for practical purposes. A bundle of rights to real estate could include: a. All the rights, fee simple b. Mineral rights c. Air rights d. Water rights e. Life estate f. Remainder interest g. Equitable rights 1. Land contract 2. Leasehold 3. Option 4. Pending purchase contract OWNERSHIP- Fee Simple Ownership. This is the highest form of ownership to property. Generally if you have real estate that you have received a warranty deed for, this is what you have. EQUITABLE INTERESTS- These is rights that are acquired by agreement of the owner, without transferring ownership. In other words, if you have an equitable interest in real estate, you may have the right to acquire title and ownership, but you don't have it yet. Typical examples of equitable interests are the rights of the purchaser under a full accepted purchase agreement, the rights of an optionee under an option agreement and the rights of the purchaser (vendee) under a land contract. LEASEHOLD INTEREST- These is the rights to property for duration of time with no promise to transfer ownership. Rental/leasing applies here as well as use licensing. OWNERSHIP INTERESTS- Ownership to property is a combination of things and rights, and you can own property and not have all parts of ownership and vice versa. These are the basic parts or types of the ownership of real estate: Legal, Equitable, Possession and Use. Legal interest is normally evidenced by having title to the property. Equitable interest is described above. Possession is simply having possession or control of the property. For example, a "squatter" is a person who has possession, but no other rights to the property. "Squatters," simply by virtue of being in possession of the property have certain rights. Use, is simply the right to use the property. A typical example of this is a letter of permission to hunt on land. Places you can go to better find out how you can use these buddle of interest and learn more at a very low cost are as follows: Local real estate licensing schools in your area, entrepreneurial resource centers at local colleges, Real Estate Investing Clubs, Real Estate Investment Association, REIAs, Real Estate Investing Classes at high school, Real Estate Investing Groups, Landlord Club, Real Estate Training Classes, Real Estate Seminars, Real Estate Courses, Real Estate Investing Network, and Real Estate Forums. Use Google.com to find locations in your area. A Real Estate Investing Club's mission is to provide an entrepreneurial atmosphere for real estate investors to learn, and network with new and experienced investors. Real Estate Investors Clubs have been formed for real estate entrepreneurs and professionals with one of their goals to bring like minded individuals together, to achieve greater real estate goals. REIA members come from many walks of life: first time buyers, new investors, licensed agents and mortgage brokers, commercial investors, attorneys, CPAs, and first time landlords.
Ralph Marcus Maupin, Jr. (Mark Maupin), Speaker, Professor, Co-founder National Real Estate Network LLC (REIA), Get Free Real Estate Forms, Terms, Articles and Real Estate Club Locations at: http://MegaEveningEvent.com

Investors Club of Michigan Brings Wide Range of Investment Experts to Michigan's Fasting Growing Club

Currency Trading, Stock Trading, Real Estate Wholesaling, Rental Coaching, Painting Expert, And National Real Estate Investing Speaker Title Company Expert, All Part Of Mega Evening Event!

Roy Frank, a real estate broker and stock broker for over 20 years had investors on the edge of their seats last Thursday evening at Wayne County Community College. He explained what the income gap is and ways to fill it. People that attended the WCCC event were also there to learn about a new currency trading system that he uses to trade in the foreign exchange market. It is getting off the chart results for him. If you want to see him -- come to the mega evening event -- he will have a resource table and can show how his program works or answer any of your real estate investor questions—

Ralph Marcus Maupin (Mark) co-founder of Real Estate Investing Club said "We have great line up local experts and great talent. Our club has one hour of networking and going to resource tables at our meeting from 6 pm to 7pm. This meeting we have small business expert, painting contractor expert, section 8 housing expert, title company expert, business lines of credit expert, stock trading expert and currency trading expert. This is all followed by what new in investing in Michigan followed by Our National speaker on Making Money in real estate investing in our market."

Roy Frank is active wholesaler of investment real estate. He has also for years been real estate consultant to charities on donations of real estate.

Get your questions answered at Roy Franks Table on:

1. What is Cash Currency Trading and how does it work?

2. What do you need to know to trade stocks in today's market?

3. What is Real Estate Wholesaling? How do I as investor take advantage of It.?

4. What are laws and rules in Donating Real Estate?

5. What is the Tax Advantages of Donating real estate?

National Real Estate Investors Meeting In Livonia, Michigan

Date: November 15, 2007
Time: 6:00 pm to 9:00 pm
Location: Laurel Manor
Address: 39000 Schoolcraft, Livonia
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http://www.MegaEveningEvent.com

Areas Cover by Club:

Oakland County --Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland Township, Holly, Holly Township, Huntington Woods, Independence Township, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Milford Township, Northville, Novi, Oak Park, Oakland Township, Orchard Lake, Orion Township, Oxford Township, Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak, Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West Bloomfield Township, White Lake Township, Wixom Wayne County --Belleville, Brownstown Township, Canton Township, Dearborn, Dearborn Heights, Grosse Ile Township, Grosse Pointe Shores, Grosse Pointe Woods, Hamtramck, Inkster, Livonia, Northville Township, Plymouth, Redford Township, Riverview, Romulus, Taylor, Trenton, Wayne, Westland, Wyandotte.

Washtenaw County:
Ann Arbor, Bridgewater, Chelsea, Dexter, Manchester, Salem, Saline, Superior Township, Whitmore Lake, Whittaker, Willis, and Ypsilanti National Real Estate Network (NREN) is a premier Real Estate Investors Club in Michigan. Also known as Michigan REIA; NREN meets on 3rd Thursdays each month at Laurel Manor in Livonia, Michigan. NREN brings Investors and Professional in Michigan market together. NREN invites National and Local speakers each month and they provide excellent education to their members. NREN has grown to 300 Members strong and still growing. You can get more information at http://www.MegaEveningEvent.com . Contact Urvi Mehta 248-762-0800 info@MegaEveningEvent.com