Property Ownership

In Michigan, 'air rights' are particularly significant in urban areas like Detroit because:

AAir rights determine property tax rates
BThey may be sold or leased separately from the land, allowing development of the space above existing structures✓ Correct
CMichigan does not recognize air rights as separate property interests
DAir rights are owned exclusively by the federal FAA in urban areas

Explanation

In dense urban areas like Detroit, air rights (the space above a property) can be valuable and may be sold, leased, or developed separately from the surface, such as adding floors to an existing building or developing transit air rights.

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