Humber/Ontario Real Estate Course 1 Exam Practice

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What type of property ownership rights allow control over resources like minerals below the land?

  1. Mineral Rights

  2. Air Rights

  3. Surface Rights

  4. Riparian Rights

  5. Subsurface Rights

  6. Water Rights

The correct answer is: Mineral Rights

Mineral Rights refer to the ownership of resources such as minerals below the surface of a property. This type of property ownership allows control over the extraction and use of minerals found beneath the land. Air Rights pertain to the rights to use the space above a property, Surface Rights refer to ownership of the surface of the land, Riparian Rights are related to water rights for properties adjacent to water bodies, and Water Rights are specific rights related to water usage. Subsurface Rights are a broad category that includes mineral rights, so the most specific and accurate answer to the question is Mineral Rights.