Examlex
An effective business message includes sentences that range from 22 to 32 words in length.
Leasehold
An interest in real property that grants possession rights to the leasee for a specific period of time but does not convey ownership.
Estate for Years
A fixed-term tenancy agreement in real estate that begins and ends on specific dates.
Fee Simple Defeasible
A type of real estate ownership that is conditional and can be voided if certain conditions are not met or specific events occur.
Qualified Fee
A type of estate in land that is subject to certain conditions or limitations, often contrasted with absolute ownership.
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