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FINDLAW LEGAL DICTIONARY

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Leasehold

leasehold 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



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.