Property OwnershipMEDIUM
The key difference between freehold and leasehold estates is:
Correct Answer
B) Time
Freehold estates have indefinite duration (ownership), while leasehold estates have a definite term (tenancy). The key distinction is the duration of the interest.
Answer Options
A
RightsB
TimeC
LocationD
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Related Topics & Key Terms
Related Topics:
property-estates-typeslease-agreements-essentialsownership-rights-bundleproperty-transfer-methods
Key Terms:
freehold estateleasehold estatedurationpossessory interestfee simple
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