What Is a Leasehold Estate?
A leasehold estate or a leasehold property is a temporary right granted for the use of real property. Your landlord issues you a document called a lease, which gives you some rights over that property for a period of time. This time can be a year or...
A leasehold estate is an ownership of a temporary right to hold land or property in
which a lessee or a tenant holds rights of real property by some form of title ...
When you have a leasehold estate, you have a temporary right to use a piece of
property, but you don't own any real estate. For example, consider an apartment ...
Leasehold estate defined and explained with examples. A lease in which the
renter has the right to possess the property for a specific extended period of time.
Definition: A leasehold estate
in real estate
is the tenant's right to possession of the leased property. A lease agreement spells out the rights and obligations of both the tenant and the landlord or property owner. More »
Leasehold estates, also known as less-than-freehold estates, are lease or rental
interests and do not constitute legal ownership of real property. In fact ...
Oct 12, 2012 ... Most people only know of one type of real estate ownership; fee simple, also
known as freehold. There are a handful of states that have another ...
Leasehold. An estate, interest, in real property held under a rental agreement by
which the owner gives another the right to occupy or use land for a period of ...
Landlord and Tenant. An association between two individuals arising from an
agreement by which one individual occupies the other's real property with ...
A leasehold agreement gives rise to a situation where the lessee gets a
temporary right of ownership to a property. In effect, the lessee can exclusively