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leasehold |
Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia | 0.03 sec. |
leaseholdIn 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). How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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We expect that this inducement will not only help leaseholder Larry A. Three years ago, they lobbied the Board-of Equalization to change the rule, saying that in order for a county assessor to value a property beyond the term of an existing lease, the assessor must come up with "clear and convincing evidence" that the leaseholder will retain the lease beyond the term. If that doesn't convince you: in the case of WTC 7, Larry Silverstein, the WTC leaseholder, actually stated on a 2002 PBS documentary, America Rebuilds, that he and the NYFD "made that decision to pull and we watched the building collapse. |
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