Property Ownership
In Washington, a leasehold estate differs from a freehold estate in that a leasehold:
ALasts forever
BIs ownership for a definite period specified in a lease agreement✓ Correct
CCannot be sold or assigned
DIncludes ownership of the land itself
Explanation
A leasehold estate is a possessory interest in real property for a specified term — the lease period. Unlike freehold estates (fee simple or life estate), a leasehold does not represent ownership of the land; it is a right to use the land for the lease term.
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