leasehold Flashcards

1
Q

Estate for Years

A

“Set End Date”
Lease with a fixed term (e.g., 1-year lease).

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Periodic Estate

A

“Auto-Renews”
Month-to-month lease, renews unless someone cancels.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Estate at Will

A

“Ends Anytime”
No set lease term—either party can end it anytime.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Estate at Sufferance

A

“Squatter Mode”
Tenant stays after lease expires, but landlord hasn’t evicted them.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly