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An actor rented a house from May 15 to August 5 while she was working on location. What kind of estate does she possess?

a. Tenancy from period to period
b. Estate at will
c. Estate for years
d. Freehold estate

1 Answer

3 votes

Final answer:

The actor's rental agreement from May 15 to August 5 qualifies as an 'estate for years' because it is a leasehold for a fixed and specific duration.

Step-by-step explanation:

When an actor rented a house from May 15 to August 5 while working on location, the type of estate she possesses is known as an estate for years. This is a leasehold interest in land for a fixed period of time. It is a temporary and exclusive right to possession and use of property, without granting ownership, typically created by a lease or rental agreement. The given dates signify a predetermined starting and ending date, which differentiates it from a tenancy at will or a tenancy from period to period, which do not have set end dates.

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