air and ground rights
1. Subsurface Rights
Definition: Ownership of resources found below the Earth's surface.
Scope: Includes minerals, oil, gas, and metals.
Transferability: Can be sold independently (e.g., selling copper rights while keeping the surface land).
2. Air Rights
Definition: Rights to the airspace above a specific plot of land.
Utility: Often used to protect views or allow for vertical development.
Transferability: These can be sold or leased separately from the land itself.
3. Ownership & Transfer
Separation: Surface, subsurface, and air rights can all be owned by different entities simultaneously.
Default Status: In a standard property transfer, all three rights are typically included unless otherwise stated.
Legal Specification: Any intent to reserve or exclude specific rights must be explicitly detailed in the contract.