Leasehold definition: Real property held under a lease. Real property held under a lease. Find you are constantly looking up definitions? Try our search provider (works in most modern browsers) ...
Leasehold is a form of property tenure where one party buys the right to occupy land or a building for a given length of time. As lease is a legal estate, leasehold estate can be bought and sold on the open market.
Leasehold (n) Leasehold is the property which was held by a person by virtue of a lease agreement between him and the owner, ...
Leasehold Estate: The right to use and occupy real estate for a stated term and under certain conditions: conveyed by a lease.
Leasehold: Real property held under a lease. Leasehold Improvements: Those assets which are attached to a building and cannot be removed from any property being leased.
leasehold n. the real estate which is the subject of a lease (a written rental agreement for an extended period of time).
Leasehold Real property held under a lease. Legal custody A child custody decision which entails the right to make, or participate in, ...
Leasehold mortgage Definition : a mortgage under which a leasehold interest in property secures a loan or obligation Search Legal Dictionary ...
Leasehold Interest An ownership in realty held under a lease; a use of that real estate for a fixed term. In some states it is actually considered to be personal property. Lessee ...
See also: leasehold real property rent statute of frauds triple net lease unlawful detainer The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications ...
Interests in real property vary widely from total ownership (called fee simple absolute) to leasehold interests in which ownership is not actually conveyed.
A freehold property is not a chattel, but a leasehold is. Cheque: Form of bill of exchange where the order to pay is given to a bank holding the payor's funds. Child: Person under 18.
The landlord may be the owner of the freehold or a leasehold interest that permits him to underlet.
Leaseholds, for example, were mainly used for agricultural purposes until the late 18th century and early 19th century when the growth of cities in industrialised countries had made the leasehold an important form of landholding in urban areas.
Whence also freehold and leasehold. "Holding", relating to ownership in property, embraces two idea: actual possession of some subject of property, and being invested with the legal title.
Any property that is not freehold land. It may be a leasehold (called a chattel real) or a movable article of property (chattel personal). child maintenance order ...
Freehold A special right granting the full use of real estate for an indeterminate time. It differs from leasehold, which allows possession for a limited time. There are varieties of freehold such as fee simple and fee tail Back To Top ...
In this sense, then, leaseholds cannot be said to be included under the word lands. 8 Madd. Rep. 635. The technical sense of the word land is farther explained by Sheppard, in his Touch. p.
on it; and whatever is in a direct line between the surface and the centre of the earth, such as mines of metals and fossils. In a more confined sense, the word land is said to denote "frank tenement at the least." In this sense then, leaseholds ...
But legislation since the middle of the 19th century has changed all that. The system of feuing in Scotland, as contrasted with that of long leaseholds in England, ...
It differs from leasehold, which allows possession for a limited time. There are varieties of freehold such as fee simple and fee tail. Freeholder A person who owns freehold property rights (i.e.
See also: Lease, Property, Law, Will, Estate
 
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