Property Ownership
A 'leasehold estate' that runs for a specific term (e.g., 1-year lease) is called a(n):
AA. Tenancy at will
BB. Estate for years (tenancy for a fixed term)✓ Correct
CC. Periodic tenancy
DD. Tenancy at sufferance
Explanation
An estate for years is a leasehold for a definite, fixed period. Despite the name, it can be for any period — a week, month, or year.
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