A retail tenant's one-year lease expired on June 30, 2026. On July 1, the tenant remained in possession without the landlord's consent and had not paid additional rent. What is the tenant's status at that moment?
Correct Answer
D) Estate at sufferance
A tenant who remains after a lease ends without the landlord's consent is a holdover tenant, creating an estate at sufferance. The possession is wrongful because the original right to possess has expired.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Community property is a form of ownership recognized in certain states where property acquired during marriage is considered equally owned by both spouses, regardless of who earned the money or whose name is on the title.
Condominium ownership involves owning a unit of airspace within a multi-unit building plus an undivided interest in the common elements shared with other unit owners. Each unit is separately taxed and financed.
In a cooperative (co-op), the building is owned by a corporation, and residents purchase shares of stock in the corporation that entitle them to a proprietary lease on a specific unit. Residents are shareholders, not property owners.
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