Estate for Years

Definition: An estate for years is a leasehold estate with a fixed, known beginning and ending date. Its duration can be shorter than a year.

Example

A lease runs from November 1 through January 31. The three-month term is an estate for years.

Keep the distinction clear

The word years does not require a multi-year lease. Distinguish a definite term from a tenancy continuing without a fixed end; actual notice and renewal duties can also come from the lease or law.

Related terms

Leasehold Estate · Tenancy at Will · Tenancy at Sufferance

Keep studying

Freehold vs. Leasehold Estates: How to Tell Them Apart

References: Cornell LII: tenancy for years

Pronunciation (US): ih-STAYT fer YEERZ (capitals show stress)

Pronunciation reference: Merriam-Webster