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In this video tutorial, host Dale Whitman discusses the transfer of interests between landlords and tenants in real property subject to a lease. He identifies two interests a landlord can transfer: the right to collect rents, which is considered a legal interest in real property and can be transferred via an ordinary deed, and the reversion, a future interest that allows the landlord to regain possession of the property once the lease ends. Tenants, on the other hand, possess a leasehold interest, which is typically transferrable; however, it's usually a fixed term in commercial leases.
