Property Ownership
A Wyoming landowner's 'air rights' refer to:
AThe right to control airspace above the property to a reasonable height✓ Correct
BWind energy rights only
CThe right to install solar panels
DThe right to build structures at ground level only
Explanation
Air rights include the owner's right to control and use the airspace above their property to a reasonable height (subject to FAA regulations on flight). Air rights can be separately sold or leased—common in urban areas where airspace above existing buildings is developed.
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Key Terms to Know
Joint Tenancy
Co-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Tenancy in CommonCo-ownership where two or more people hold undivided interests that need not be equal and pass to each owner's heirs — no right of survivorship.
Right of First RefusalA contractual right giving a party the opportunity to match any offer received before the owner can accept it from a third party.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
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