Ownership of real property can be divided among _______.

Ownership of real property can indeed be divided into various rights, including surface rights, air rights, and subsurface rights. This division allows property owners to have distinct control over different aspects of their land.

Surface rights pertain to the ownership and use of the land's surface, including the ability to build structures, grow crops, or utilize the land for any lawful purpose. Air rights refer to the space above the land, which can be owned and developed separately from the surface below. This means a property owner can sell or lease the space above their property for purposes such as air travel or constructing high-rise buildings. Subsurface rights involve the ownership of resources beneath the Earth's surface, such as minerals, oil, and natural gas. These rights can be sold or leased independently of the surface and air rights.

The option indicating "any and all of the above" is correct because it encapsulates the comprehensive nature of property ownership, allowing for separate consideration and ownership of surface, air, and subsurface rights. By recognizing that these rights can be independently owned or transferred, a clearer picture of real property ownership is presented, facilitating various transactions and development opportunities.