An estate in which the tenant has the right to possess the real property but does not own title to the property is called a ________.
A)fee simple absolute estate
B)gifted estate
C)non-freehold estate
D)fee tail estate

Question

Quizplus · Accepted Answer

A non-freehold estate, also known as a leasehold estate, is when the tenant has the right to possess and use the property for a limited period of time under a lease agreement. The tenant does not own title to the property, but rather has a contractual agreement with the owner for the use of the property. Examples of non-freehold estates include apartments, commercial properties, and rental homes. Fee simple absolute estate (A) is when the owner has complete ownership and control over the property. Gifted estate (B) is not a valid type of estate. Fee tail estate (D) is a historical form of ownership in which the property is passed down through a specific bloodline and cannot be sold or transferred outside of that lineage.

An Estate in Which the Tenant Has the Right to Possess