Final answer:
The statement regarding leasehold estates is True. Leasehold estates represent a non-ownership interest in property where the tenant has the right to use and occupy the property, under the terms of a lease, without holding the title to the property.
Step-by-step explanation:
The statement that 'the right of possession without ownership is called a leasehold estate' is True. A leasehold estate refers to a tenant's right to occupy and use property for a set period of time as defined by a lease agreement. This right is exclusive to the tenant during the lease term, though the property ownership remains with the landlord. Leasehold estates are common in real estate wherein landlords lease out their properties to tenants without transferring ownership.
Similar to leasehold estates, sharecroppers pay rent through a portion of their produce, illustrating a form of occupation without ownership. Another historical example would be in proprietary colonies where proprietors had the rights to the land and tenants worked the land with obligations to the proprietors.
In the context of usufruct rights similar to those in horticultural societies, individuals have the right to use the land without owning it. These rights are consistent with the principles behind leasehold estates, but are typically informally managed through customs and community practices rather than legal contracts.