Which type of estate allows a landlord to reclaim possession after lease termination?

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A leasehold estate is the correct type of estate that allows a landlord to reclaim possession of the property after the lease has been terminated. In a leasehold estate, the landlord grants a tenant the right to occupy and use the property for a specified period, under certain terms laid out in the lease agreement. Once that lease period ends or if the lease is terminated for any reason (such as breach of lease terms), the landlord has the right to take back possession of the property, thus ensuring their ownership rights are upheld.

In contrast, other estate types mentioned serve different purposes. A life estate involves ownership that lasts for the life of a specific individual, at which point ownership reverts back to another party, not allowing for straightforward reclamation by a landlord. A remainder estate is related to the future interest in property, indicating who will receive ownership after the life estate ends, and does not pertain to lease scenarios. A contingent estate depends on specific conditions being met for ownership, which does not align with a landlord's right to reclaim possession in a leasehold context. Therefore, the leasehold estate is specifically structured to give landlords clear rights regarding reclamation of property post-lease.

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