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Property is a bundle of rights or legally protected interests, including:

  • Right of possession, enjoyment, and use
  • Unrestricted right of disposition
  • Right to exclude others
  • power of testimonial disposition

A property owner may hold all or just some of these rights.

Please explain what is meant by "power of testimonial disposition". What exactly is testimonial disposition? And what does it have to do with property rights?

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It means the power to bequeath something in your will. It is fundamentally related to property rights.

  • So it is just a more specific form of power of disposition then? – S J Dec 15 '18 at 4:40

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