Alabama Real Estate Practice Exam

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Prepare for the Alabama Real Estate Exam. Utilize flashcards and multiple-choice questions, each coupled with hints and explanations. Ace your upcoming test!

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What happens to an estate for years if one of the parties dies?

  1. The estate automatically ends

  2. The lease remains in effect

  3. The estate reverts to a periodic tenancy

  4. It becomes a leasehold estate

The correct answer is: The lease remains in effect

If one of the parties dies, the estate for years continues until the end of the lease term. Option A is incorrect because an estate for years is not automatically terminated upon the death of one of the parties. Option C is incorrect because a periodic tenancy is created when a lease has no specific end date, but it is different from an estate for years. Option D is incorrect because a leasehold estate is a type of ownership interest in real property, but it is not directly related to an estate for years.

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