Property Ownership
An air lot refers to:
AProperty rights limited to the surface of the land
BA designated three-dimensional parcel of airspace above a defined elevation, often purchased for development rights✓ Correct
CA zoning designation for airports and aviation facilities
DMineral rights below the surface of a property
Explanation
An air lot (or air rights parcel) is a designated parcel of airspace above a specified elevation that can be purchased and developed separately from the land surface below. Air lots are commonly used in urban areas, such as over railroad tracks or existing buildings, for constructing new structures.
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