After saving his money for years, Taylor was finally able to buy property with a small house and a lake. Which of the following is false?
A) His ownership extends to include fixtures.
B) Taylor owns all of the area above his land and all of the land below.
C) Despite the extent of his interest, the Crown can grant the mineral rights to someone else.
D) Taylor's interest is referred to as a fee simple.
E) He can sell part of his interest and create a joint tenancy.

Question

Quizplus · Accepted Answer

In most jurisdictions, property owners do not have absolute rights to the airspace above and the subsurface below their land. Air rights and subsurface rights (such as mineral rights) can be limited by law, and ownership of these can be separate from surface land ownership.

After Saving His Money for Years, Taylor Was Finally Able