A landlord-tenant relationship is characterized by the ________.

Question

Quizplus · Accepted Answer

A landlord-tenant relationship is characterized by the transfer of a nonfreehold estate by the landlord to the tenant, which gives the tenant the right to possess and use the property for a specified period, but not permanent ownership (free simple absolute ownership). Therefore, option B is the correct answer. Option A is incorrect because title to the property remains with the landlord. Option C is incorrect because a future interest is created when a property is conveyed to a third party with the possession and use of the property to take effect at a later date. Option D is incorrect as tenants do not have free simple absolute ownership of the property.

A Landlord-Tenant Relationship Is Characterized by the ________