leasehold

[lees-hohld]

noun

1. property acquired under a lease.

2. a tenure under a lease.

adjective

1. held hold by lease.

leasehold

/ ˈliːsˌhəʊld /

noun

1. land or property held under a lease

2. the tenure by which such property is held

3. (modifier) held under a lease

Word History and Origins

Origin of leasehold¹

First recorded in 1710–20; lease ¹ + hold ¹

Example Sentences

This will include being up front about the condition of the home, any leasehold costs, and details of property chains.

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Local MP Anneliese Midgley said they had been victims of a "broken leasehold system", but the buildings' landlord said residents were responsible for their upkeep and management.

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A group of landowners is beginning a judicial review in the High Court to challenge the government's attempts to reform the freehold and leasehold system of property ownership.

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This leasehold arrangement, though time-limited, is considered a form of ownership.

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But consumer groups warn that the changes will not help those in rented or leasehold properties and the biggest barrier to installing a heat pump remains the high upfront costs.

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