Leasehold


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Related to Leasehold: freehold, Leasehold Improvements, leasehold interest, leasehold property

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 ?
If you are thinking of selling a leasehold flat, then you should get advice from a solicitor or a conveyance before marketing your property.
Second, all of the tenant's leasehold mortgagees should be paid off.
It may be that the house you purchased is leasehold.
ARMA's chairman, Peter Dening, of Pennycuick Collins in Birmingham, said: "After the coalition's shock announcement last year that they do not plan to regulate the residential leasehold management sector nor introduce important accounting regulations to safe-guard lessees' money, it is more crucial now than ever that lessees are fully aware of all their rights and the protection that is available to them - quite often this can be more than they think.
It can be especially costly and aggravating when a financing package is held up because the lender wants its loan secured by leasehold improvements constructed by your company at numerous locations, and one improperly structured lease holds up the entire package.
Each asset that forms a part of a leasehold improvement made by, or on behalf of, a tenant must be accounted for on a separate basis even though all of the individual assets remain in a single class for purposes of the terminal loss and recapture rules.
OKLAHOMA CITY -- Chesapeake Energy Corporation (NYSE:CHK) today announced that it has agreed to acquire approximately 8,600 net undeveloped leasehold acres in the heart of the Barnett Shale play in Tarrant and Johnson Counties, Texas, from Paloma Barnett, LLC.
Also qualifying for like-kind exchange is an exchange of a leasehold interest in real estate with a term of 30 years or more for a fee interest in real estate.
HOMEOWNERS are being given the chance to give their opinion on leasehold services.
A NEW guide to good practice and related issues when letting leasehold flats has been published.
Avalon") (OTC Bulletin Board: AOGN) is pleased to announce that it has entered into a letter agreement to acquire an undivided one hundred percent (100%) working interest in a 320-acre leasehold in Vernon County, Missouri.