Consumer Shops,Inc. ,signs a lease for a storefront owned by Downtown Building Company.Unlike a purchaser of real property,Consumer Shops
A)acquires only temporary possession of the premises.
B)enjoys exclusive possession of the premises.
C)holds only temporary title to the premises.
D)retains temporary,exclusive possession and title to the premises.

Question

Quizplus · Accepted Answer

When Consumer Shops signs a lease with Downtown Building Company, they acquire only temporary possession of the premises. This means that they have the right to use and occupy the property for a specified period of time (as outlined in the lease agreement), but they do not own the property or have permanent rights to it. The owner, Downtown Building Company, retains ownership and control of the property.