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Leasehold Estate
An interest in real property allowing the holder to use and occupy the land or property for a specific period, under a lease agreement.
Freehold Estate
A type of real property ownership where the owner has indefinite duration of ownership rights, including the land and buildings.
Life Estate
A property interest that lasts for the lifetime of a specific individual, after which the property passes to another recipient.
Joint Tenancy
A form of property co-ownership that provides each tenant with an equal share and rights in the property, with the provision of right of survivorship.
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