What does air rights mean?

air rights meaning in Law Dictionary

the ability to manage the atmosphere space on the residential property. Reasonable use by neighbors or an aircraft is allowed. It could be bought, leased, sold, and transferred like with any legal rights.

air rights meaning in Business Dictionary

Right to control, inhabit, or utilize the vertical area (air space) above home, at the mercy of required and reasonable usage by neighbor(s) as well as others (such as plane). One of several three distinct passions in home, environment rights are available, leased, offered, and transferred such as the other two (mineral and surface) legal rights.