leasehold


Also found in: Dictionary, Thesaurus, Legal, Financial, Wikipedia.

leasehold

1. land or property held under a lease
2. the tenure by which such property is held
3. held under a lease

Leasehold

 

a form of land rental in England.

Leasehold began to develop in the late Middle Ages, when direct cultivation of the lord’s manor with serf labor came to an end. The lords began to rent out their domain as a whole to one person (a big leasehold, which in time became the capitalist form of farm rental) or to several persons (small peasant leaseholds). Rentals “at the will of the lord” for terms of from one to three years were most common in the latter category. The holders of such rentals were among the first to be driven from the land in the late 15th and 16th centuries by enclosures.

leasehold

A tenure by lease; real estate held under a lease.
References in periodicals archive ?
Some new build firms have now abandoned leasehold - and a few are trying to remedy the situation.
The worst difficulties are found in some recent new build houses sold as leasehold instead of the more customary freehold in England and Wales.
up Pete Redfern The company said they expect the payments to customers to be "spread over a number of years", adding: "The process of negotiation with the owners of the freeholds to these leasehold properties is ongoing."
In fact, more and more new homes builders are selling houses on a leasehold. The protection of the law afforded to leaseholders who own a flat is massive, but sadly lacking to leasehold houses sold privately.
At the same time as disposing of its leasehold interest, Wilmington is entering into a new ten-year market rate lease for a London head office premises near Aldgate.
Prior to the acquisition, Gastar held an interest in the majority of the acquired producing wells and leasehold.
This leasehold comprises of industry and offices properties, with a total area of about 9,000 square metres.
The standard arrangement is apart from the upfront payment of leasehold rights.
Tower Growth Leasehold Property Fund", said that the fund will invest in 30-year leasehold interests in landed property, office buildings and shopping centres with an aggregate lease space of 131,915 sq.m.
For a ground lease to be acceptable to a leasehold mortgagee without encumbering landlord's fee simple estate in the land and reversionary interest in the improvements, it should generally include the following key terms.
The Cushman & Wakefield seminar will examine how surplus properties can leave companies with millions of pounds of leasehold liabilities on their balance sheets, tying up vital capital.