Which of the following is an example of property rights that an owner has?

An example of property rights that an owner has is the right to impose restrictions on their property. This reflects the fundamental aspect of private property ownership, where the owner retains the authority to determine how their property may be used and what limitations may be placed on it. This right can include setting rules for construction, use of the property, or even enforcing certain aesthetic standards through mechanisms like homeowners' associations or zoning regulations.

Imposing restrictions allows an owner to protect their investment and maintain the value of their property, while also considering the impact on surrounding properties. This aspect of property rights is integral to the concept of ownership, as it showcases the autonomy and control that a property owner has over their asset.

In contrast, the other options discuss rights that are not typically recognized or may be limited by law. For example, demolishing neighboring property would infringe on another owner's rights and is not permissible under property law. The right to transfer ownership without any conditions would be unrealistic as transfers often involve legal and contractual obligations. Lastly, the right to expand the property beyond its current limits could be restricted by zoning laws and land use regulations, which enforce boundaries on how properties can be modified. This understanding of property rights emphasizes the balance between ownership freedoms and legal constraints in