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leasehold |
Also found in: Legal, Financial, Wikipedia, Hutchinson | 0.01 sec. |
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leasehold 1. land or property held under a lease 2. the tenure by which such property is held 3. held under a lease How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Think of a hotel management agreement as being similar to a very long-term lease, where the terms of the agreement will control the value of the real estate for years to come. The land was held in an unusual remainderman interest, where in order to maximize the tax shelter benefits in the building, the land was held as an estate for years by the Integrated partnership formed by Integrated Resources. a grant deed) whose terms reserve to the transferor an estate for years . |
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