What are air rights?
Air Rights are the rights to develop an empty space located above the point of physical characteristics. As with other types of real estate rights, these rights can be transferred to other parties and at the same time maintain the ownership of the assets themselves. In highly developed areas where it is the only possible direction to be built, air rights are a hot topic of conversation and debate, as developers are fighting to extend their projects while still remaining within the land -use law law.
historically owners of real estate essentially infinite infinite property rights. As human societies developed and began to introduce land -use planning laws, people began to be limited from the point of view of development by building only to a certain height, or by limiting their overall floor area according to regulations on land -use planning. Such laws can be carried out for security concerns, to meet aesthetic goals and for other reasons. They limit air rights by limiting what lIdés can do with empty space over their professionalmperties.
Another complication that changed the way people thought about air rights was the development of aircraft. Real estate owners do not check the air space above their properties, because otherwise the aircraft would be in the constant state of the offense. Instead, the regulatory agencies control the air space and load the way the aircraft use air space to maintain air transport and efficient. Restricting control over air space is in some regions, especially around airports.
When people buy a property, they usually buy the rights that come with it. Leasing and rent also entitle people to some rights, depending on the nature of the agreement that comes with the property. It is possible to merge land for the transfer of aerial rights, as can be seen in some urban areas where people with unused air rightsThey can connect with neighboring land and transfer rights that are not used. Likewise, People can rent, sell or donate air rights to other parties. For example, historical buildings can be protected by gifts of rights to maintain space above these buildings undeveloped.
Air rights are not unlimited. Building regulations limit not only the amount of development in which people can participate, but the nature of this development. Management of space over property does not give people the right to develop what they want there, and people must also observe the safety regulations when performing new development. It is designed to support public health and safety by standardizing construction to reduce the risk of building collapse, fires and other disasters that can be prevented.