Which of the following statements regarding the nature of the landlord-tenant relationship is true?
A) A leasehold is one kind of interest less than an estate.
B) A characteristic shared by leaseholds and life estates is that they both grant to the holder the right of exclusive possession.
C) An oral lease is never enforceable.
D) The term of a lease must be for a definite period of time.
E) Leases are only available in residential tenancies.

Question

Quizplus · Accepted Answer

Leaseholds and life estates both grant the holder the right of exclusive possession, distinguishing them from other interests like easements or licenses, which do not provide exclusive possession.

Which of the Following Statements Regarding the Nature of the Landlord-Tenant