A lessor with voidable title can transfer a valid leasehold in?terest to a good faith lessee for value.

Question

Quizplus · Accepted Answer

According to the principle of estoppel, a lessor with voidable title can transfer a valid leasehold interest to a good faith lessee for value. This means that even though the lessor may not have clear legal ownership of the property, the lessee who acts in good faith and pays for the leasehold interest can still be considered the valid lessee. However, this only applies to a leasehold interest and not fee simple ownership, which requires clear legal title.

A Lessor with Voidable Title Can Transfer a Valid Leasehold