What is an estate for years

A signed lease for 5 months is a(n)

  1.  estate from period to period
  2.  estate for years
  3.  estate at will
  4.  freehold estate

The answer is B – Don’t let the phrase “estate for years” confuse you.  Any lease that continues for a fixed time span can be called an “estate for years” even if that time span is for a day, a week, a month, a year, or years.

Therefore, a signed lease for 3 years and a signed lease for 5 months are both estates for years – because they are both for a fixed amount of time.