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
leasehold estate, land tenure, 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.