leasehold background

leasehold

/ˈliːsˌhoʊld/

Illustration leasehold - Image 1

Illustration leasehold - Image 2

noun

임차권

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. "

학생의 기숙사 방에 대한 임차권이 만료되어 이사를 가야 했다.

property business finance law

Illustration leasehold - Image 1

Illustration leasehold - Image 2

noun

임차권

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. "

그 가족은 편안한 집에서 살았지만, 그들의 소유는 99년 동안의 임차권이었고, 그 후 토지는 원래 소유주에게 반환될 예정이었다.