noun

leasehold

leasehold

They bought a flat on a 99-year leasehold.

They bought an apartment on a 99-year leasehold.

Leasehold reform is a complex legal issue.

Leasehold reform is a complex legal issue.

((noun)) a form of property tenure They have a 99-year leasehold on the property.

Synonyms: tenancy, rental; Antonyms: freehold

A compound of 'lease' (a contract for renting property) and 'hold' (to possess). It means holding property by lease.

Imagine you 'hold' a property for a 'leased' period of time, not forever.

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