Final answer:
A buyer can obtain contractual reliance on the status of a lease in a property by purchasing leasehold title insurance.
Step-by-step explanation:
As a buyer of a property, you can get contractual (legal) reliance regarding the status of a lease in the property that you are purchasing by obtaining a leasehold title insurance policy.
Leasehold title insurance provides protection to the buyer in case there are any breaches or defects in the lease agreements that affect the buyer's rights as the new owner of the property.
This type of insurance ensures that the buyer will have legal recourse in the event of any lease-related issues that may arise after the purchase of the property.