About This Chapter
Tenancy & Leases in Real Estate - Chapter Summary
Our engaging chapter covers leases and tenancy as they apply in real estate. You'll study topics including fee simple and leaseholds, periodic tenancy and tenancy at will. Each lesson is accompanied by a quiz you can use to assess your understanding. Feel free to review these learning tools 24 hours a day on any mobile phone, tablet or computer for completely flexible studying. If you need assistance as you review the lessons, feel free to contact one of our instructors. Once you complete this chapter, you should be ready to:
- Define fee simple absolute
- Compare fee simple and leaseholds
- Differentiate between periodic tenancy and tenancy at will
- Describe the different kinds of real estate tenancy
- Give an example of tenancy at sufferance
1. Fee Simple Absolute: Definition & Examples
In this lesson, you'll learn about the fee simple absolute estate interest in real property and discover how to identify when someone has a fee simple absolute estate interest in land.
2. Fee Simple vs. Leasehold
In this lesson, you'll learn about the fee simple absolute estate interest and leasehold estate interest in real property and discover how to identify these two interests in land.
3. Periodic Tenancy: Definition, Example & Laws
This lesson will provide the student with the definition of periodic tenancy. Additionally, it will also provide examples of periodic tenancy as well as laws regarding periodic tenancy.
4. Tenancy at Will: Definition & Examples
This lesson will define tenancy at will and provide the reader with examples of a tenancy at will arrangement between a landlord and a tenant. It will also explain a lease, as well as the differences between a tenancy at will and a lease.
5. Periodic Tenancy vs. Tenancy at Will
This lesson defines both periodic tenancy and tenancy at will. It also explores examples of each tenancy and explains the differences between the two.
6. Types of Tenancy in Real Estate
In this lesson, we'll discuss the different types of tenancy in real estate, including a definition and example of each. After you're through, you'll understand why tenants choose different types of tenancy to best fit their individual needs.
7. Tenancy at Sufferance: Definition & Example
This lesson will define tenancy at sufferance and provide examples. Further, we'll learn about tenancy at will and how this differs from tenancy at sufferance.
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