Aerial Rights

Property Air Right - Property Air Rights refer to the legal entitlement to use, develop, or control the space above a piece of real property. This concept extends the traditional notion of property ownership vertically, allowing landowners or developers to potentially construct buildings, sell the rights for development, or otherwise utilize the airspace above their land.

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/RB5gqaWropAnzq8l6tvaMTp
Label (rdfs): Property Air Right
Preferred Label: Aerial Rights
Alternative Labels: Development Air Rights, Overhead Space Rights
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Definition and Examples

Definition: Property Air Rights refer to the legal entitlement to use, develop, or control the space above a piece of real property. This concept extends the traditional notion of property ownership vertically, allowing landowners or developers to potentially construct buildings, sell the rights for development, or otherwise utilize the airspace above their land.
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Translations

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Class Relationships

Sub Class Of: Property Right of Use
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Additional Information

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Deprecated: False

Metadata

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