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If then
Leasehold Estate
An interest in real property that gives the holder the right to possession and use of the property for a specified term under a lease.
Freehold Estate
A type of ownership in real estate where the owner has complete control of the land and any buildings on it for an indefinite period.
Periodic Tenancy Agreement
A rental agreement that continues for successive periods (e.g., month-to-month or year-to-year) until terminated by the landlord or tenant.
Tenancy At Sufferance
A situation in which a tenant fails to leave after a lease has expired and owes compensation to the landlord.
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