Leasehold

Definition

  • An estate or interest in an estate in real property held by virtue of a lease for a term of years. A leasehold is considered personal property.

Synonyms
land tenure, leasehold estate, leased

Acronyms
l/h

Related Terms and Acronyms

  • Leasehold Mortgage Definition, Important,
    • A mortgage given by a lessee on the security of his leasehold interests in the land.
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