What is it called when the landlord has the right to get the property back after a lease?

Study for the Fortune Academy South Carolina Property Management Course Test. Use flashcards and multiple choice questions, with hints and explanations provided. Get ready for your exam!

Multiple Choice

What is it called when the landlord has the right to get the property back after a lease?

Explanation:
The concept being tested is the landlord’s reversionary right—the future interest that returns possession of the property to the landlord once the lease term ends. When a lease runs its course, the tenant’s rights expire and the property reverts to the landlord unless the tenancy is renewed by agreement. This isn’t about entering the property or evicting during the term; it’s about what happens after the lease ends. The right of entry covers accessing the property during tenancy, eviction is a process to remove a tenant, and lease termination refers to ending the contract itself. The reversionary right is the landlord’s ability to regain possession after the lease.

The concept being tested is the landlord’s reversionary right—the future interest that returns possession of the property to the landlord once the lease term ends. When a lease runs its course, the tenant’s rights expire and the property reverts to the landlord unless the tenancy is renewed by agreement. This isn’t about entering the property or evicting during the term; it’s about what happens after the lease ends. The right of entry covers accessing the property during tenancy, eviction is a process to remove a tenant, and lease termination refers to ending the contract itself. The reversionary right is the landlord’s ability to regain possession after the lease.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy