Massachusetts Real Estate License Practice Test

What does a lease typically provide to a tenant?

1. The right to permanently own the property

2. The right to occupy the property for a specified time

3. The right to sell the property to a third party

4. The right to make alterations to the property

The correct answer is: The right to occupy the property for a specified time

A lease typically provides a tenant with the right to occupy the property for a specified time. This tenancy is defined by the terms of the lease agreement, which outlines the duration of the lease, the rental amount, and any conditions related to the use of the property. This legal agreement establishes the tenant's right to live in or use the property while ensuring that the landlord retains ownership. In contrast, the other options do not align with the purpose of a lease. A lease does not grant the right to permanently own the property, as ownership remains with the landlord throughout the lease term. Additionally, while a tenant may have certain rights under a lease, they typically cannot sell the property to a third party unless specifically permitted in the lease agreement. Lastly, making alterations to the property often requires the landlord's consent, making it a right that is not automatically granted through a standard lease. Thus, the primary and defining feature of a lease is indeed to provide the tenant the right to occupy the property for a set duration.