Question

A tenant has just secured a lease on a property that begins on May 5, 2011 and ends on May 5, 2013. This would be considered what type of lease?

A. Tenancy at will
B. Estate for years
C. Periodic tenancy
D. Estate from year to year

Answer 1

The lease in question is an Estate for years, also known as a fixed-term lease, with a specific start and end date.

Step-by-step explanation:

The lease in question is an Estate for years, also known as a fixed-term lease.

This type of lease has a specific start and end date, in this case from May 5, 2011 to May 5, 2013.

It provides the tenant with the right to occupy the property for a fixed period of time, and the landlord cannot terminate the lease before the end date, unless there is a breach of the lease agreement.

The other options listed, Tenancy at will, Periodic tenancy, and Estate from year to year, involve different types of lease agreements, but they do not apply to a lease with a fixed term like the one described.