Property Ownership
Air rights above a Utah property:
AAre owned solely by the federal government
BAre part of the bundle of rights and can be sold or leased separately from the surface✓ Correct
COnly extend 500 feet above the surface
DCannot be sold or transferred under Utah law
Explanation
Air rights (the right to use space above a parcel) are part of the bundle of property rights and can be sold, leased, or transferred separately from surface rights. In dense urban areas, air rights above lower buildings are sometimes sold to adjacent developments.
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