What is direct ownership in real estate?

[Good-Person]

Direct ownership is a kind of type of ownership that may refer to owning any kind of property in a direct manner. This may also mean that the owner may possess power in a legal manner. So, when it comes to real estate industry, how can direct ownership play a big role?

 

[Kane]

I own a small piece of land. I inherited the land form my parents. I have direct ownership on the land, I can sell it, I can rent it, I can even use it as a collateral to get a bank loan.