The holder of which of the following would be a “nonfreeholder?”
Correct Answer
D) Estate for years
An estate for years is a leasehold (less-than-freehold) estate, making the holder a nonfreeholder.
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Related Topics & Key Terms
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Related Concepts
A leasehold estate grants the right to possess and use property for a defined period of time, without conferring ownership.
A freehold estate conveys ownership rights, while a leasehold estate grants the right to possess and use property for a specific period without ownership.
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