What are the differences between title, estate, and tenancy?
Title is ownership of or interest in real property. Estate is commonly described as referring to the degree, quantity, nature, or extent of that interest. Tenancy refers to the form of real estate ownership or the way the interest is held. It should be pointed out that not all interests in real estate constitute estates. The interest must be possessory in order to be considered an estate. This means that the interest must allow one to possess the real property, either now or in the future. Interest in real property that allows use but not possession, such as an easement, is not considered to be an estate.
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