Robert R. Wright
Published: 1968
Total Pages: 600
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This book is concerned with property rights in airspace, a subject which has increasing importance in the urban setting. This is a book not only on the law which affects the utilization of airspace, but also on the methods and instruments employed in airspace transactions as such. In terms of the law involved, as revealed in applicable cases and statutes, the historical background and the basis of the legal siutation as it exists today are discussed. A major part of this discussion involes aviation and the problem of the airport and the landowners who surround it. Similarly, the modern-day condominium, as provided for in recent statutory enactments, and its common law analogy, the 'upper chamber', are examined. Consideration is given in one chapter to some of the particular legal problems which may affect airspace utilization in certain jurisdictions. Also, the socio-economic trends and tendencies which affect law generally and the law of airspace in particular are considred at one one point. The discussion and the materials on airspace transactions are found in the latter part of the book. Since the economics of a particular situation are vital in determining whether airspace utilization is feasible, this aspect is also considered in a chapter dealing with the valuation of airspace. How airspace utilization meshes with the goals of city planners is also briefly discussed.