tenancy(redirected from Leasehold estate)
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Related to Leasehold estate: Fee simple estate
1. the temporary possession or holding by a tenant of lands or property owned by another
2. the period of holding or occupying such property
3. property held or occupied by a tenant
Occupation by one with less than a fee interest in property, e.g., a tenancy for life, or a tenancy for a term of years. The latter type of tenancy usually is created by lease.