Estate for years - Hutchinson encyclopedia article about Estate for years Printer Friendly
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leasehold
(redirected from Estate for years)

   Also found in: Legal, Financial, Wikipedia 0.04 sec.

leasehold

In law, land or property held by a tenant (lessee) for a specified period (unlike freehold, outright ownership), usually at a rent from the landlord (lessor).


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Think of a hotel management agreement as being similar to a very long-term lease, where the terms of the agreement will control the value of the real estate for years to come.
The land was held in an unusual remainderman interest, where in order to maximize the tax shelter benefits in the building, the land was held as an estate for years by the Integrated partnership formed by Integrated Resources.
a grant deed) whose terms reserve to the transferor an estate for years .
 
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