What is the term for the holding of real property?

The term for the holding of real property is related to the legal relationship that a person or entity has regarding that property. In this context, "tenancy" specifically refers to the condition or status of holding property under a lease or rental agreement, where one party has the right to occupy and use the property while another retains ownership.

Tenancy involves the legal rights and responsibilities of both the landlord and tenant, and it can exist in various forms, such as tenancy at will, tenancy for years, and periodic tenancy. This term encapsulates the idea that an individual or entity does not own the property outright but has a legal right to possess and utilize it for a specified duration or under certain conditions according to the lease agreement.

Ownership, on the other hand, would indicate complete possession and legal title to the property, while possession refers to the physical control over property, which may not necessarily involve any legal entitlement to that property. Leasing refers specifically to the contractual agreement itself rather than the state of holding the property. Thus, the most precise term for the holding of real property in this context is tenancy.