leasehold background

leasehold

/ˈliːsˌhoʊld/

Illustration leasehold - Image 1

Illustration leasehold - Image 2

noun

Pachtbesitz, Mietbesitz

The tenure of property held by a lessee under a lease.

Examples :

"The student's leasehold on the dorm room ended, so they had to move out. "

Der Pachtbesitz des Studenten im Wohnheim endete, also mussten sie ausziehen.

property business finance law

Illustration leasehold - Image 1

Illustration leasehold - Image 2

noun

Pachtbesitz

A property held by such tenure.

Examples :

"The family lived in a comfortable house, but their ownership was only a leasehold for 99 years, after which the land would revert back to the original owner. "

Die Familie lebte in einem komfortablen Haus, aber ihr Eigentum war nur ein Pachtbesitz für 99 Jahre, wonach das Land an den ursprünglichen Eigentümer zurückfallen würde.