Answered

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An estate is either:
O a freehold or a leasehold
O a joint tenancy or a periodic tenancy
O a fee simple defeasible or an estate of inheritance
O a tenancy in common or a joint venture

Sagot :

GinnyAnswer

Final answer:

The estate system categorizes properties based on ownership types.


Explanation:

Estate refers to the system of land tenure and property rights allocation. In the context provided, an estate can be classified as either freehold or leasehold, fee simple defeasible or estate of inheritance, or tenancy in common or joint venture.


Learn more about Land Tenure and Property Rights here:

https://brainly.com/question/36679326


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