leasehold

nounC1Very rare — outside the 30,000 commonest English words, so you will meet it in writing rather than in speechmostly writtentechnical · an editor’s judgement

Other forms: leaseholds

Leasehold is the right to occupy a property for a fixed number of years. You own the flat; somebody else owns the ground it stands on.

The word belongs to English and Welsh property law, where it is the counterpart of freehold. A freeholder owns the place outright and for ever; a leaseholder owns it for a term — ninety-nine years, a hundred and twenty-five — and pays ground rent to the freeholder. Most flats in England are sold as leasehold, and a lease with few years left on it is hard to sell or mortgage, which is why buyers ask about it early. The person holding one is a leaseholder.

Definitions of leasehold

1nounleaseholdThe right to hold and occupy a property for a fixed period under a lease.C1
“The flat is sold as a leasehold with ninety years remaining.”

Where it comes from

From lease + hold.

Etymology from Wiktionary, CC BY-SA

Practised in A Man Called Ove

First appears in chapter 37 of A Man Called Ove.

Practise this word

leasehold in the wild

Lodging is offered by an owner of real property or a leasehold estate, including the hotel industry, hospitality industry, real estate investment trusts, and owner-occupancy houses.
Lodging
Although a tenant does hold rights to real property, a leasehold estate is typically considered personal property.
Leasehold estate
As a lease is a legal estate, leasehold estate can be bought and sold on the open market.
Leasehold estate
A leasehold valuation tribunal (LVT) was a statutory tribunal in England which determined various types of landlord and tenant dispute involving residential property in the private sector.
Leasehold valuation tribunal
The village incorporates two main housing estates, one consisting in part of rental and leasehold properties owned and managed by housing association Barcud Cyfyngedig.
Comins Coch

1 / 2

From Wikipedia, CC BY-SA 4.0. These sentences were written by other people about their own subjects; they are here to show the word at work, not as anybody’s opinion.

← Vocabulary