Leasehold Estates Quiz Attempt #2

Which of the following best labels what a tenant holds when he/she is renting a property from an owner?

In the context of real estate, a security deposit can be best defined as:

Possesion of a property after the lease has expired is referred to as:

In a situation where a landlord has a _______, the tenant has consent but not a definite lease term to hold possession of a landlord’s property.

An interest that renews at the end of each year on a one-year leasehold interest in a multi-family residence is a __________.

In the context of real estate, a security deposit can be best defined as:

Carson’s lease has expired, but he has yet to vacate the premises or negotiate a renewal. His landlord has stated that he is not to remain in his duplex. This situation is an example of:

______ is a situation when a tenant who lawfully possessed real property continues in possession of the premises without the landlord’s consent after the lease rights expire.

What is a one-year leasehold interest in a multi-family residence that automatically renews at the end of each year?

Which of the following is a situation where the tenant has consent, but not a definite lease term, to hold possession of a landlord’s property?

What is the primary purpose of a security deposit?

What is an interest that renews at the end of each year on a one-year leasehold interest in a multi-family residence?

When no specific ending date for a lease is defined, but there is an agreed-upon term, such as month-to-month for occupancy, this is known as ___________.

A _______ is when a tenant holds possession of a landlord’s property without a definite lease term but with consent of the landlord.

Chris is the landlord of a duplex. He gives one of his tenants consent to hold possession of their property without a definite lease term. What kind of tenancy does he have?