A leasehold estate is an ownership interest in land in which a lessee or a tenant holds real property by some form of title from a lessor or landlord.

Under the common law, the tenant has two duties to the landlord. These are to pay rent when it is due, and to avoid waste of the property.

A tenant is liable to third party invitees for negligent failure to correct a dangerous condition on the premise - even if the landlord was contractually liable.

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