Which term refers to the right to extract resources from a property?

The term that refers to the right to extract resources from a property is known as the Right of Extraction. This term specifically pertains to the entitlement of a landowner to access and remove natural resources, such as minerals, timber, oil, or other commodities, from their property. It emphasizes the legal aspect of resource use and the ability to benefit economically from the natural assets present within one's property boundaries.

Possession implies control and ownership of a property but does not specifically denote the right to extract resources. Riparian Rights refer to the rights related to the use of water from bodies like rivers or lakes that are adjacent to a property, which is distinct from the broader concept of resource extraction. Commercial Rights generally pertain to the ability to engage in business activities on the property, which could include selling extracted resources but does not specifically define the extraction itself. This makes Right of Extraction the most accurate and relevant choice for the context of extracting resources.