What is meant by 'exclusive possession' in the context of a leasehold estate?

In the context of a leasehold estate, 'exclusive possession' refers to the tenant's right to use and enjoy the property without interference from the landlord or any third party. This means that the tenant has the legal authority to control the property and can make decisions regarding its use, subject to the terms of the lease agreement. This right is a fundamental aspect of a leasehold estate because it ensures that the tenant can inhabit and utilize the property in a way that suits their needs.

The concept underscores the tenant's ability to occupy the space in isolation from others, providing them the security and privacy to use the property as they see fit. This principle is critical because it establishes the boundaries of the tenant's rights and the landlord's obligations regarding the management of the leased property.