Property Ownership
Which type of lease creates a freehold estate rather than a leasehold estate?
ATenancy for years
BPeriodic tenancy
CLife estate✓ Correct
DTenancy at will
Explanation
A life estate is a freehold estate — a form of ownership — not a leasehold. Leasehold estates include tenancy for years, periodic tenancy, tenancy at will, and tenancy at sufferance. Freehold estates include fee simple absolute, fee simple defeasible, and life estates.
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