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Nonfreehold Estates: Definition & Considerations

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Nathan just executed a lease that will terminate in six calendar months. What type of tenancy does Nathan have?

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1. What's another name for a nonfreehold estate?

2. Dad and mom let their son move back in for $100 a month. The parents agree that son can move out any time he wants, and the son agrees that mom and dad can kick him out any time they want. What type of tenancy does the son have?

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About This Quiz & Worksheet

Determine your understanding of nonfreehold estates with this interactive quiz and printable worksheet. Nonfreehold estates and types of tenancy will be the focus of practice questions.

Quiz & Worksheet Goals

In this quiz, questions will address:

  • Names for nonfreehold estates
  • When the lease term is indefinite
  • Six-month lease
  • Month-to-month rent
  • When a lessee wrongfully stays on the premises

Skills Practiced

You will demonstrate your proficiency in the following skill areas:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on nonfreehold estates
  • Critical thinking - apply relevant concepts to examine information about different types of tenancy agreements in a different light
  • Interpreting information - verify that you can read information regarding leases and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about tenants with expired leases

Additional Learning

To continue learning about this subject, check out the associated lesson named Nonfreehold Estates: Definition & Considerations. This lesson looks at the following objectives:

  • Differentiate between freehold and nonfreehold estates
  • Define leasehold estate, lessee, lessor and other vocab words
  • Explain the various types of tenancy situations presented in the lesson
  • Apply what you learn to a real life example given in the lesson
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