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The legal concept of having ownership of real property is called ______.

  1. Conveyance

  2. Possession

  3. Right to exclusion

  4. Title

The correct answer is: Title

Having ownership of real property means having the legal right to use and control the property as you wish. This is referred to as having title to the property. Possession, on the other hand, refers to having physical control and occupation of the property, but not necessarily legal ownership. The right to exclusion means having the right to keep others from using or entering the property without permission, but it does not necessarily equate to ownership. Conveyance refers to the act of transferring ownership of property from one person to another. None of these options fully capture the concept of having ownership of real property, making them incorrect choices.