California Real Estate Practice Exam 2025 - Free Real Estate Practice Questions and Study Guide

Question: 1 / 740

Owner A wants to make additional money from a 3-story building on a zone for a 20-story building. What can he do?

Convert it into commercial space

Sell his air rights

Owner A is only able to build a 3-story building in a zone that allows for a 20-story building. By selling his air rights, he can profit from the potential for a taller building despite only being able to build a smaller one himself. Additionally, converting the building into commercial space or renting it out may provide additional income, but it does not address the potential for a larger building on the property. Selling the entire building would also not take advantage of the air rights and would not provide additional income opportunities. Therefore, option B is the best answer.

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Rent it out

Sell the building

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