Which of the following is not a component of the DEEPC bundle of rights?

The DEEPC bundle of rights is an acronym that stands for various rights that real property owners possess. The components of this bundle include Disposition, Exclusion, Enjoyment, Possession, and Control. Each of these rights contributes to the overall ownership experience and provides a framework for how property can be utilized and enjoyed.

Encumbrance, while an important concept in real estate, is not a right that property owners hold but rather refers to any claim or liability attached to a property that may restrict the owner's ability to transfer ownership. Examples of encumbrances include mortgages, easements, or liens. Therefore, it does not fit within the rights category represented by DEEPC.

Understanding the correct components of the DEEPC bundle helps reinforce how property ownership functions legally and socially, highlighting the privileges and limitations that surround property rights.