Air rights refer to the legal ability to use, control, or occupy the vertical space above a given piece of property. These rights can be leased, sold, or transferred to another party, often significantly impacting property development, urban planning, and real estate markets.
With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!