This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam.
In this episode you will learn:
• Real property ownership is three-dimensional, extending from the earth core to the heavens unless legally restricted.
• Subsurface rights include minerals, oil, and gas, which can be severed from the surface land and sold separately.
• Air rights are divisible and valuable in urban areas, though subject to federal aviation laws for navigable airspace.
• Natural resources transition from real property to personal property the moment they are extracted from the ground.
• The concept of subjacent support ensures that subsurface owners do not compromise the physical stability of the surface.
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