leasehold

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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

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 ?
I'm fighting in Parliament for a fair deal for leaseholders, but in the meantime I hope Persimmon will recognise the unfairness in their dealings with the residents in Harrow View West and come up with a satisfactory solution.
The government said that the problem is not just for leaseholders but also some of the 4.
The law states that in England and Wales, the "right of first refusal" to buy the freehold applies to the leaseholders of flats - in other words the freeholder must offer it to the leaseholders of all the flats of the building first.
At issue now, with a June 8 deadline to determine increases, is Musqueam nation's argument that the Supreme Court of Canada's 1995 ruling--that reserve lands should be valued only half as much as off-reserve due to uncertainty over how to assess land values, the inability of leaseholders to vote in band elections, a lack of City of Vancouver services, and "unrest on the Reserve"--no longer applies because the concerns have since been resolved.
The council is making contact with the leaseholders and trying to establish what their intentions are.
In the past we have followed the recommendation that annual meetings are held with leaseholders to discuss service charges.
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.
The Kurdish Globe By Sleman Tashan Climbing on the stairway of a three-story building had exhausted Fatima Hussein, 60, who was visiting the Leaseholders, Rights Protection Union.
The international brands Carrefour, Zara and Cineplexx are the three largest leaseholders in the shopping center Skopje City Mall, an investment worth 90 million euros, which should open in six months, said project investor Balfin MK.
These troublemaking visitors rarely share the same respect for the lease agreement as leaseholders.