Which term best describes the right of an owner to use the air space above their property?

The term that best describes the right of an owner to use the air space above their property is "Aerial Rights." This term specifically refers to the rights associated with the space above the land and is relevant in various legal contexts, such as zoning laws, air traffic regulations, and property development.

Aerial rights are important because they allow property owners to control and make use of the space above their property, which can affect everything from the ability to construct buildings to the use of airspace for advertising or solar panels. In many cases, these rights can be bought, sold, or leased, further enhancing their value and significance within real estate transactions.

Understanding aerial rights is essential for real estate professionals, as it influences decisions pertaining to property development, potential obstructions, and compliance with municipal regulations. This gives property owners a degree of autonomy over the vertical space above their land, distinguishing it from other rights like surface rights, which pertain solely to the ground-level property.