Charlie owns a building. He enters into a contract with Atlas Inc. that allows it to place a cell phone tower on top of his building. Which of the following interests in real property does Atlas Inc. have?
A) leasehold estate
B) easement by express agreement
C) conditional estate
D) license

Question

Quizplus · Accepted Answer

Atlas Inc. has an easement by express agreement, as they have the right to place their cell phone tower on top of Charlie's building as per their contract. They do not have a leasehold estate as they are not renting the building, nor do they have a conditional estate or license.

Charlie Owns a Building