Real Estate Exam [National] 15, Leasehold Estates Explained

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • The defining characteristics of an Estate for Years and why the name is often a trick. • Why the Estate for Years is the only leasehold that requires no notice to terminate. • How a Periodic Tenancy automatically renews and the rules for providing termination notice. • The specific events like death or sale that will automatically terminate a Tenancy at Will. • The legal definition of a holdover tenant and the creation of a Tenancy at Sufferance. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep