Property Ownership
A leasehold estate (tenant's interest) in Nebraska is considered:
AA freehold (ownership) interest
BA less-than-freehold (personal property) interest giving the tenant the right to possess the property for a limited time✓ Correct
CA fee simple interest for the duration of the lease
DAn encumbrance on the landlord's fee interest
Explanation
A leasehold is a less-than-freehold estate — it gives the tenant possessory rights for a specific period but not ownership. In some jurisdictions, leasehold interests are classified as personal property (chattels real).
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