Question 3 (8 points)

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Larry has leased a storage unit from April 1, 2023 to April 8, 2023. Larry has a:

Question 3 options:

	tenancy for days
	periodic tenancy (measured by weeks)
	tenancy by the entirety
	tenancy for years
	tenancy at will

Question 4 (8 points)

Frazier owned an oil rich parcel of land in Texas known as Blackacre. Frazier conveyed the right to ABC Oil Company to go onto his property to drill for and collect oil. ABC Oil Company's property interest would best be characterized as a/an:

Question 4 options:

	easement
	profit
	license
	fee simple
	tenancy

Question 5 (8 points)

Real property includes:

I. land

II. buildings and things attached to the land

III. rights in the land of another

Question 5 options:

	I only
	I & II but not III
	I & III but not II
	I, II & III