Natural Resources Extraction Real Estate Asset
type: Class
preferred label: Extractive Industries Land
subclass of: RUhSbbDJZa8Crs3tIWcIfV
definition: A natural resources extraction real estate asset refers to a property that contains or is believed to contain natural resources such as minerals, oil, gas, or timber, which can be extracted for economic value. This asset is significant in the realms of property law, environmental law, and resource management, as it encompasses the rights and regulations related to the extraction and use of these resources.