Question

3 10 pts Which type of estate includes the rights of possession and use, but is limited in time? Fee simple absolute Fee simple conditional O Life estate D | Question 4 10 pts What is a tenancy relationship that exists after the end of a lease but the tenant continues to pay rent, and the landlord accepts it? O Tenancy for years O Periodic tenancy O Tenancy at will O Tenancy at sufferance

Answer 1

Question 3:

Leasehold

Explanation:

In leasehold estate, the renter has the right to possess the property for a temporary period of time. Lease is signed between property owner and renter and it defines rights and obligation for both the parties and gives temporary ownership to tenant.

Question 4:

Tenancy of sufferance

Explanation:

In tenancy of sufferance, tenant is permitted to stay at the property even when the lease has been expired but only if and upto the time permitted by the property owner. All the original lease conditions should be met.