Under what condition does a leasehold estate typically revert back to the landlord?

A leasehold estate typically reverts back to the landlord at the end of the lease term. This means that when the agreed-upon duration of the lease expires, the rights that the tenant had to occupy and use the property cease, and control of the property returns to the landlord. This process is a fundamental aspect of lease agreements, highlighting the temporary nature of leasehold estates compared to ownership.

The end of the lease term is distinctly defined in the lease agreement. Upon this completion, unless there are provisions for renewal or extension outlined in the lease, the tenant must vacate the premises. This reinforces the concept that a lease exists as a contractual agreement that grants specific rights to tenants while ultimately retaining the ultimate ownership rights with the landlord.

In contrast, other options such as the sale of the property, payment of lease dues, or tenant default involve different legal considerations and do not inherently trigger the reversion of the leasehold estate back to the landlord in the same direct manner as the lease term reaching its conclusion.