Humber/Ontario Real Estate Course 1 Exam Practice

How are surface rights typically defined in real estate terms?

1. The right to use or alter the surface area of the property.

2. The right to extract minerals from the ground.

3. Rights related to airspace above the property.

4. Rights allocated for subterranean activities.

5. Ownership of water resources on the property.

6. Usage rights of adjacent land for access.

The correct answer is: The right to use or alter the surface area of the property.

Surface rights in real estate refer to the rights associated with the use and alteration of the surface area of the property. This includes activities such as building structures, landscaping, farming, etc. The other options are related to different types of property rights: - Option B: The right to extract minerals from the ground refers to mineral rights. - Option C: Rights related to airspace above the property are known as air rights. - Option D: Rights allocated for subterranean activities pertain to subsurface rights. - Option E: Ownership of water resources on the property is known as water rights. - Option F: Usage rights of adjacent land for access are easement rights. Therefore, the correct answer is A as it specifically refers to the rights concerning the surface area of the property.