A tenant's interest in the real property is called a(n)________.
A)easement estate
B)free simple absolute estate
C)gifted estate
D)leasehold estate

Question

Quizplus · Accepted Answer

A tenant's interest in real property is called a leasehold estate, which is a type of possessory interest that gives the tenant the right to occupy and use the property for a specified period of time under the terms of a lease agreement. A leasehold estate is created by a lease or rental agreement between the landlord (owner) and the tenant.

A Tenant's Interest in the Real Property Is Called A(n)________