Which rights pertain to property above ground?

Get ready for the Humber College Real Estate Exam. Utilize flashcards and multiple choice questions to enhance your preparation. Each question comes with explanations to ensure understanding and readiness!

The correct choice regarding rights that pertain to property above ground is air rights. Air rights refer specifically to the rights to control, utilize, and develop space above a parcel of land. This can include the construction of buildings, installation of antennas, and other developments that occupy the space in the air above the property.

Surface rights, on the other hand, refer primarily to the ownership and the use of the land on the surface itself rather than the space above it. While surface rights are important in the overall ownership discussion, they do not cover the rights associated with what exists or can be done in the space that extends above the land.

Understanding air rights is key in real estate, especially in urban areas where vertical development is common. It allows property owners to maximize the use of their property by building upwards, which is essential for accommodating population growth and land scarcity in metropolitan regions.

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