Principles of Real EstatePregunta 22 de 120
Which of the following would most likely be classified as a freehold estate?
a.A one-year apartment lease
b.Fee simple ownership of a home
c.A month-to-month tenancy
d.A tenancy at sufferance
Explicación
Freehold estates involve ownership of real property for an indefinite duration, such as fee simple and life estates. Leasehold estates, by contrast, give possession for a limited time without ownership. The key distinction is ownership versus a temporary right to possess.
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