Leasehold

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Leasehold

An asset providing the right to use property under a lease agreement.

Leasehold

The accounting status of assets under operating leases. An operating lease gives the lessee fewer rights to use the assets than a capital lease would; expenses on leaseholds are considered rental expenses. See also: Freehold.

leasehold

A name given to the tenant's rights in real estate after signing a lease.The leasehold estate is classified as a less-than-freehold estate.

References in periodicals archive ?
A spokesman for E&J said: "These works are essential and urgent but we absolutely recognise the significant cost to leaseholders.
Our proposed changes to regulate the industry will give landlords, renters and leaseholders the confidence they need to know that their agents must comply with the rules.
Nevertheless, it is common practice for the leaseholders to get together to solve any problems between them.
Ismael, however, says that the majority of the leaseholders have not registered with them and he expects that the actual total number is about 50,000 in Erbil and 200,000 across the whole Region.
First, the regulations give leaseholders considerable discretion in deciding how quickly to respond to contacts from persons seeking access; the acceptable proximity of access for hunting to pastures where livestock are grazing; and whether to allow access, and the access conditions, for any of the several scenarios where access is expressly subject to the leaseholder's permission.
If the materials are furnished to a leaseholder for improvements, then the property owner is not liable for payment.
The initial investment to become a Punch Taverns leaseholder will be around pounds 25,000, depending on the size and business being bought into.
YOU have certain rights as a leaseholder to stop a freeholder landlord from taking financial advantage.
The Competition and Markets Authority (CMA), which has been investigating leaseholder satisfaction levels in England and Wales, found that, while the market generally works well, some leaseholders have experienced "significant problems" in a sector where total annual service charges are estimated at PS2.
FORMER Fir Tree leaseholder Keith Doyle today denied being a drug dealer.