Leasehold Estates — Four Flavors

National · Leasing & Property Management — free cheat sheet for the real estate licensing exam.

🔑 Leasing & Property Management

📋 The 1-minute cheat sheet

Estate for years: FIXED term, ends automatically — no notice needed (despite the name, can be 1 month)
Periodic tenancy: renews automatically (month-to-month) until proper notice
Tenancy at will: either party ends anytime (with statutory notice)
Tenancy at sufferance: holdover WITHOUT permission — one step from trespasser
Sale of the property does NOT terminate a lease — buyer takes subject to it

Is Leasehold Estates — Four Flavors on the real estate exam?

Yes. Leasing & Property Management is a scored domain on the real estate licensing exam, and this topic appears in the national portion.

Is this cheat sheet free?

Yes — every page on CinnaPrep's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.