ALLABCDEFGHIJKLMNOPQRSTUVWXYZ« Back to Glossary Index(1) An aggregate of things or rights to things. These rights are protected by law. There are two basic types of property: real and personal. (2) The legal interest of an owner in a parcel or thing (see bundle of rights).Related Articles:The Many Uses of Automated Valuation Models (AVMs)The Wild, Wild West of Automated ValuationsThe Proper Way to Select an AVMAVM Regulatory OutlookGlossary: Ad Valorem Tax« Back to Glossary Index