Multiple Choice
Goodman and Davis live in an area of New York City in which there is a 20-story limit on buildings.Goodman owns a 12-story building.Davis wishes to build a 26-story building.Goodman wants to sell Davis a portion of his unused air rights.The air rights being sold in this scenario are called:
A) ad coelum rights.
B) ad inferos rights.
C) transferable development rights.
D) air capture rights.
Correct Answer:
Verified
Correct Answer:
Verified
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