Six property rights bundles can be differentiated (Galik and Jagger, 2015; Schlager and Ostrom, 1992). They can be described as follows:

Access:  right to enter a defined physical property

Withdrawal: right to obtain products from a resource

Management: right to use/transform the resource by making improvements

Alteration: right to change the set of services/goods provided by a resource

Exclusion: right to determine access rights and if right can be transferred to others

Alienation: right to sell/ lease some/all management, alteration and exclusion rights

See also: Land tenure


Galik, C.S. and P. Jagger, 2015. Bundles, Duties, and Rights: A Revised Framework for Analysis of Natural Resource Property Rights Regimes. Land Economics 91, 76-90. DOI: 10.3368/le.91.1.76
Schlager, E. and E. Ostrom, 1992. Property-Rights Regimes and Natural Resources: A Conceptual Analysis. Land Economics 68, 249-262. DOI: 10.2307/3146375