Question
Tasha, a college student at State U, agrees to rent a studio apartment from Luisa and to pay her $100 per week. The parties make
Tasha, a college student at State U, agrees to rent a studio apartment from Luisa and to pay her $100 per week. The parties make no other provision in their agreement, and the agreement is not reduced to writing.
a. What kind of interest in real estate does Tasha have as a result of this agreement? Be specific.
b. Does Tasha gain a fee interest as a result of this agreement? Explain.
c. How long will this arrangement last? What if either Tasha or Luisa is unhappy with the arrangement after a few months go by?
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