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Instructions and help about Hi Lease

helloha everybody this is K Quanza from Hawaii real estate exam prep in this video we're going to cover the four types of leasehold Estates first we need to know what a leasehold estate is a lease hold estate also known as a less than freeold estate refers to a rental or lease Arrangement where a tenant does not own the property but has the right to use it for a specified period the defining feature of a lease hold the state is its limited duration these rights can be bought sold or transferred as they are considered leg Al interest in the property number one an estate for years this is a lease for a fixed period such as a Summer Rental with a defined start and end date it requires no notice to terminate since the lease automatically expires at the end of the term number two periodic tendency also known as tendency from period to period this lease automatically renews at regular intervals such as week to week or month to month to end a periodic tendency proper notice must be gi

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