Tag: landlord
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Leasehold Estates
As written about previously there are four types of tenancies: Whenever the landlord does not establish a tenancy and they do not transfer the right to occupy the real estate, which may be done orally, in writing or through their actions (this is called a grant) whoever takes possession of the property is a trespasser.…
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Leasehold Estates Leasehold estates are the result of the rights given to a tenant by the fee owner or someone with the authority to do so. These are created when the landlord and tenant enter into a rental agreement which gives possessory interest to the tenant. At that time the tenant becomes the owner of…