Consider the following statements regarding the nature of the landlord-tenant relationship.Indicate the true one.
A) A leasehold is one kind of interest less than an estate.
B) A characteristic shared by leaseholds and life estates is that they both grant to the holder the right of exclusive possession.
C) An oral lease is never enforceable.
D) The term of a lease must be for a definite period of time.
E) Leases are only available in residential tenancies.
Correct Answer:
Verified
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