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URL:https://www.learndesk.us/class/6620336978132992/lesson/a409026b632afa0fcdad42d3481760f9?ref=outlook-calendar
SUMMARY:Leasehold Estates
DTSTART;TZID=America/Los_Angeles:20260515T190000
DTEND;TZID=America/Los_Angeles:20260515T200000
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DESCRIPTION: 
Estate for years
Estate from period-to-period
Estate at will
Estate at sufferance

A leasehold estate, or leasehold, arises from the execution of a lease by a fee owner- the lessor, or landlord-- to a lessee, or tenant. Since tenants do not own the fee interest, a leasehold estate is technically an item of personal property for the tenant.
Leasehold tenants are entitled to possess and use the leased premises during the lease term in the manner prescribed in the lease. They also have restricted rights to exclusion.
Estate for years
The estate for years is a leasehold estate for a definite period of time, with a beginning date and an ending date. The estate for years may endure for any length of the term. At the end of the term, the estate automatically terminates, without any requirement of notice.
For example, a landlord grants a tenant a three-year lease. After three years, the leasehold terminates, and the landlord may re-possess the premises, renew the lease, or lease to...

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