Types of Leasehold Estates

The four leasehold estates are: (1) tenancy for years (fixed duration, ends automatically); (2) periodic tenancy (successive periods, continues until proper notice given); (3) tenancy at will (terminable by either party at any time); and (4) tenancy at sufferance (holdover after lawful tenancy expires).

Related Landlord-Tenant rules

• Implied Warranty of HabitabilityIn residential leases, a landlord impliedly warrants that the premises are fit for human habitation at the outset and…
• Constructive EvictionConstructive eviction occurs when the landlord's wrongful act or failure to act substantially interferes with the…
• Tenant's Duty to RepairA tenant must not commit waste and must maintain the premises in reasonably good repair. A landlord may recover…
• Assignment vs. SubleaseAn assignment transfers the tenant's entire remaining lease interest; privity of estate exists between assignee and…
• Landlord's Duty to MitigateUnder the majority modern rule, a landlord whose tenant abandons must make reasonable efforts to re-let the property.…

Part of Real Property on Core Legal Rules — foundational MBE-tested principles with primary-source citations.