What is included in the "bundle of rights" associated with land ownership?

The concept of the "bundle of rights" associated with land ownership encompasses a broad range of entitlements that a landowner possesses. This collection of rights typically includes the right to lease the property to others, allowing the landowner to generate income from the land while retaining ownership. Additionally, the rights to use and enjoy the land provide the owner with the ability to occupy and utilize the property as they see fit, within legal limits. Furthermore, the right to sell the land grants the owner the ability to transfer ownership to another party, reflecting the fundamental principle of ownership in real estate.

These rights are not limited to specific types of land or restricted to only certain actions, as implied by the other options. For instance, the notion that only possession and selling are rights excludes the significant aspects of leasing and enjoyment. Similarly, restricting rights to agricultural land or limiting them to just renting without the option to sell undermines the complete understanding of ownership in real property. Therefore, option A accurately encapsulates the full scope of rights inherent in land ownership, making it the most comprehensive and correct answer.