Leasehold estate

Rarity: Common

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Notion

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Science and technology

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What Wikipedia says

A leasehold estate or a leasehold interest is an ownership of a temporary right to hold land or property in which a lessee or a tenant has rights of real property by some form of title from a lessor or landlord.

Excerpt from the Wikipedia article “Leasehold estate”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: AB Stadsholmen, CC BY 4.0, via Wikimedia Commons.