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Lessor and Lessee for the Leased Premises Addressed as Follows Form

Lessor and Lessee for the Leased Premises Addressed as Follows Form

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welcome to real estate school today's topic leasehold estates [Music] a tenant's right to possess real estate for the term of the lease is called a leasehold estate also known as less than freehold which is ownership the leasehold is held by the tenant or the lessee and the property owner grants the lease and is known as the landlord or the lessor the landlord conveys the right to occupy for a specified amount of time the lease is considered personal property of the tenant just as there are several types of freehold estates ownership there are different kinds of leasehold estates these estates are an estate for years in a state from period to period and a state at will and a state at suffrance so let's start with an estate for years an estate for years also known as a tenancy for years is a leasehold estate that continues for a definite period even though it's called an estate for years it doesn't have to be marked in years the only important par

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