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A leasehold property means you own the building but not the land it sits on. Instead, you lease the land from the freeholder (landowner) for a set period, which could be anything from a few decades to 99 years or more. This aspect of What Is A Leasehold Property Realtorcom plays a vital role in practical applications.
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Furthermore, a leasehold estate represents a form of property tenure where an individual or entity holds rights to occupy and use a property for a defined period. This arrangement is granted by the property owner (lessor or landlord) to the occupant (lessee or tenant). This aspect of What Is A Leasehold Property Realtorcom plays a vital role in practical applications.
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Moreover, a leasehold estate represents a form of property tenure where an individual or entity holds rights to occupy and use a property for a defined period. This arrangement is granted by the property owner (lessor or landlord) to the occupant (lessee or tenant). This aspect of What Is A Leasehold Property Realtorcom plays a vital role in practical applications.
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- What Is a Leasehold? 15 Things (2025) You Should Know.
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