What type of estate continues for a definite period?

An estate for years is a type of leasehold estate that is characterized by a fixed and definite duration. This means that the lease agreement specifies a clear start and end date. The term "for years" does not necessarily imply that the lease has to be for a lengthy period; it can be any length of time, such as days, months, or years, as long as it is predetermined and specified in the rental agreement.

Because the duration is established and agreed upon by both the tenant and the landlord, a lease for years does not require any additional notice to terminate at the end of the fixed term. This clarity provides security for both parties involved in the rental agreement.

In contrast, an estate at will allows for occupancy without a fixed term, meaning it can be terminated at any time by either party with proper notice. An estate from period to period, on the other hand, typically continues indefinitely until terminated by either the landlord or tenant, with renewals that usually occur periodically. An estate at sufferance occurs when a tenant remains on the property after the lease has expired, without the landlord's consent, and does not establish any new leases.

Therefore, the defining characteristic of an estate for years is its definite time frame, making it the