Definition of «leasehold»

Leasehold refers to a type of property ownership where a person has the legal right to use and occupy a property for a specific period of time. However, the ownership of the land or building still remains with another party, who is called the landlord.

Phrases with «leasehold»

Sentences with «leasehold»

Since qualification, Frances has acted for clients in freehold acquisitions and disposals, the granting and acquisition of leasehold interests, lease assignments and licences, wayleave and option agreements, and has also reported to clients on title issues and prepared certificate of titles for lenders. (dacbeachcroft.com)
When the Tax Relief Act of 2010 (HR 4853) became law, it contained several provisions that benefit commercial real estate, including the 15 - year cost recovery for leasehold improvements in 2011 and the 15 percent capital gains rate. (realtormag.realtor.org)
As Tavistock Restaurant Collection's Executive Vice President of Legal & Real Estate, Alex Eagle is responsible for the company's national portfolio of leasehold interests including negotiation of new leases for the rapidly expanding Freebirds World Burrito concept, general contract review, and support for acquisition and disposition initiatives. (tavistockrestaurantcollection.com)
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