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Which of the following is an INCORRECT statement regarding subsurface rights?

A. Subsurface rights are also referred to as intangible rights.
B. Theoretically, mineral rights extend to the center of the earth.
C. Subsurface rights may be sold separately from surface rights.
D. In reality, mines and oil wells usually extend only several miles into the earth.
E. The owner of land possesses mineral rights to the earth located beneath the surface of the land.

Answer :

Final answer:

The incorrect statement among the choices is that subsurface rights are referred to as intangible rights. Subsurface rights are very much tangible and can be bought or sold separately from surface rights.

Explanation:

The INCORRECT statement regarding subsurface rights among the options is: A. Subsurface rights are also referred to as intangible rights. Subsurface rights, including mineral rights, are very much tangible and not intangible. They refers to the rights to naturally occurring minerals or resources found beneath the land surface. Rights like mineral rights and subsurface rights can indeed extend theoretically to the center of the earth (option B), and they can be sold separately from the surface rights of a property (option C). It is also correct that, practically speaking, mines and oil wells usually only extend several miles into the earth (option D), and a landowner usually possesses mineral rights to the earth located beneath the surface, unless those rights have been sold separately (option E).

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