A(n) is a contract that transfers possessory interest in a property from the owner to the tenant.
A) lease
B) license
C) accession
D) fee tail

Question

Quizplus · Accepted Answer

A lease is a contract that allows a tenant to occupy a property and gives them possessory interest in the property for a specific period of time. The owner retains legal title to the property, but the tenant has the right to use and occupy it.

A(n) Is a Contract That Transfers Possessory Interest in a Property