leasehold

(redirected from leaseholder)
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 ?
It comes after Swansea City Council issued formal Improvement Notices to the Meridian Quay Management Company directors, according to a letter from CRM to leaseholders seen by WalesOnline.
Other proposals include giving leaseholders the first refusal if they want to purchase their freehold, while enforcing rules so that developers can only build on land where they own the freehold (as it stands, some sell the freehold to investment companies, ratcheting up the price of purchasing it later down the line).
Due to the age of the building, the 10-year warranty has expired and the buildings insurance does not cover these works." A spokesman for HomeGround, the freeholder of Skyline 1, said: "HomeGround is very conscious that the cost of these works to owner occupiers who are leaseholders living in their own flats may present a financial burden; and it is for this reason that Rendall and Rittner have been given flexibility to offer payment plans to such leaseholders should they be facing difficulty in paying.
As many residents wish to discuss financial matters in the privacy of their own home, we now write to all leaseholders giving a full explanation of their service charges and offer to meet with them.
Most vertical leases will clearly state that the freeholder is responsible for arranging to have any remedial work done, while the leaseholders are responsible for paying for it.
In addition, I also raise two children of my daughter who is divorced from her husband." The only thing that Hussein has inherited from her husband is his Leaseholders, Rights Protection Union membership card, and she is now living in a leased house in a very bad condition in the Dirkawa/Hawkari Quarter southeast of Erbil.
Review the lease agreement thoroughly with leaseholders when they move-in.
Wooden floors are another of the biggest gripes of leaseholders because they can transmit sound so easily.
The regulation then prohibits the person from accessing the lease land until the leaseholder's designated contact person has responded to the contact, but allows the person seeking access to enlist SRD's help if the person is unable to make contact after "reasonable attempts" to do so.
Forney was raising her daughter's children in a South Side home she owned, but could not keep up with household bills that were "eating us up." When her daughter, a leaseholder in the CHA's Robert Taylor Homes, was imprisoned, Forney jumped at the chance to move in.
According to a source close to the deal, Steven Greenberg--the current leaseholder of the building, which is owned by the Sol Goldman Trust--is involved in negotiations with German developer, Aby Rosen, and nightlclub owner and hotelier, Ian Schrager, to take over the once glimmering hotel.