What is LEASEHOLD ESTATE?

Limited-time, yet exclusive right to enjoy owning and using a land parcel or other asset. Contrast to a freehold estate; it is for an undetermined period.

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Related Legal Terms
LEASEHOLD INTEREST, FREEHOLD ESTATE, ESTATE OF INHERITANCE, LEASEHOLD LAND, LEASEHOLD, ESTATE FOR YEARS, ESTATE FOR LIFE, LIFE ESTATE, CONTINGENT ESTATE, ESTATE IN FEE-TAIL


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