What is a leasehold?

What is a leasehold?

What is a leasehold?

Answer: 

Leasehold means that you have a lease from the freehold proprietor (or landlord) to use the property for a number of years, subject to any rent payable. The leases for commercial property can vary in length depending on the agreement made with the landlord and can be varied in their agreed terms and obligations.

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