Question

The degree, quantity, nature, and extent of interest which a person has in real property is called an estate. Which of the following is an estate?

Easement
Sublease
Mortgage
Holder in due course

Answer 1

Sublease

Step-by-step explanation:

Hello! The correct state is a sublease. The sublet of a house is the contract of transfer of the use of the house that the tenant has rented to another new person. The sub-tenant becomes the tenant of the tenant. and, therefore, the initial tenant becomes the lessor of the new tenant.

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Answer 2

Answer: Sublease

Step-by-step explanation:

Sublease is an act in which a tenant rents out certain portion of a property to a third party, this is done under certain agreement which permits the original tenant to have some right and obligation within the rental agreement. Such obligation includes; that the initial tenant will still be responsible for the payment of monthly rent as stated in the lease agreement.

In the United States, aside obeying the law that backs subleasing, it must also be established if one's rental agreement permits it.