Final answer:
A property owner can lease surface and subsurface rights and still maintain a level of control over the property by enforcing lease conditions and adhering to regulations like EPA standards.
Step-by-step explanation:
Yes, a property owner can lease both the surface and subsurface rights, and even the air rights, while still retaining control over the property.
This is not uncommon when a property owner wishes to generate income from their land without selling it outright.
For instance, a property owner could lease the mineral rights to an oil company, giving them the ability to extract resources below the surface, and simultaneously lease the surface rights to a rancher for agricultural purposes.
In this scenario, the property owner would typically still have the ability to enforce certain conditions of the lease, such as environmentally-safe practices as per the Environmental Protection Agency (EPA) regulations, retaining a level of control over how the land is used.