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In this video tutorial by Prof. Dale Whitman, titled "Transfers of Tenants and Landlords Interests," he discusses the interests that landlords and tenants hold in real property under lease agreements. Landlords possess two transferable interests: the right to collect rent, classified as an interest in real property transferable via deed, and the reversion, a future interest allowing landlords to regain possession once the lease ends. Tenants, on the other hand, have a single transferable interest known as the leasehold or non-freehold interest, typically fixed in commercial leases. The video emphasizes the legal implications of these interests during property transfers.
