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leasehold possession UK US noun [U] UK LAW, PROPERTY► a situation in which a person, company, etc. rents, rather than owns, a property
Financial and business terms. 2012.
leasehold possession
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possession — pos‧ses‧sion [pəˈzeʆn] noun 1. [countable] something that someone owns: • It s vital to insure your possessions for the journey to your new home. 2. [uncountable] the state of having or owning something: • What happens if the buyer has… … Financial and business terms
leasehold — lease·hold / lēs ˌhōld/ n: a tenure of real property held by a lessee under a lease: a lessee s estate in the property; also: the property so held compare fee, freehold Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
leasehold estate — England, Wales An estate in land which provides the holder of the estate with rights of possession and use of the land but not ownership. The freehold is retained by the freeholder who grants the lease (also referred to as a tenancy) as the… … Law dictionary
Leasehold estate — Property law Part of t … Wikipedia
Leasehold valuation tribunal — A Leasehold Valuation Tribunal (LVT) is a statutory tribunal in England which determine various types of landlord and tenant dispute involving residential property in the private sector. An LVT consists of a panel of three; one with a background… … Wikipedia
possession — I (New American Roget s College Thesaurus) State of owning or the thing owned Nouns 1. possession, ownership; proprietorship, lordship, fee, seigniorage, seigniory; empire, dominion (see authority); interest, stake, estate, right, title, claim,… … English dictionary for students
leasehold — Synonyms and related words: adverse possession, alodial, alodium, burgage, claim, colony, copyhold, de facto, de jure, dependency, derivative title, equitable estate, estate at sufferance, estate for life, estate for years, estate in expectancy,… … Moby Thesaurus
Leasehold — ♦ A tenure by a lease; an agreement that the tenant may enjoy possession for a specified period of time; sometimes called a term of years. The leaseholder may be designated as lessee, or termor. (Hogue, Arthur R. Origins of the Common Law, 256) … Medieval glossary
leasehold land — Land held under a lease The land will eventually revert to the freehold owner, although there has been some statutory modification of this right to repossession (e. g. in the Rent Acts). This is the most common way for blocks of offices to be… … Big dictionary of business and management
freehold possession — ➔ possession * * * freehold possession UK US noun [C or U] PROPERTY ► a situation in which someone owns a piece of property without time limits, or a piece of property owned under these conditions: »Not only do I now no longer receive any rent,… … Financial and business terms
