FOLIO Ontology

Property Air Right

IRI:
https://folio.openlegalstandard.org/RB5gqaWropAnzq8l6tvaMTp
Preferred Label Aerial Rights
Alternative Labels
Development Air Rights Overhead Space Rights

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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Additional Information

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