Leasehold
/ˈliːsˌhoʊld/
Definitions
- (n.) An interest in land or property held by lease rather than ownership.
She acquired the flat on a 99-year leasehold.
Forms
- leaseholds
Related terms
See also
Commentary
Leaseholds denote possession rights limited in time, distinct from freehold ownership.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.