A leasehold is occasionally referred to as a "leasehold estate." This term describes the legal interest a tenant has in a property for a specified period, as defined by the lease agreement. Additionally, some may informally refer to it as a "rental agreement," though this is less precise and typically pertains to the broader concept of renting.
no
it is considered a leasehold improvement.
Debit depreciation expensesCredit leasehold improvement
Yes this can be charged to leasehold improvements. This is used when you are writing off on your taxes or in accounting.
Yes, it can be classified as a leasehold improvement as long as it was indeed done on rented premises, etc.
The tenant owns the legal interest in the leasehold estate. The fee owner is the one who actually owns the property but the property is subject to the lease.
no
it is considered a leasehold improvement.
Debit depreciation expensesCredit leasehold improvement
The word leasehold has two syllables. The syllables in the word are lease-hold.
NO !
A leasehold mortgage is an encumbrance on a tenant's interest in a lease conveyed to a lender as collateral for a loan to the tenant.
Yes this can be charged to leasehold improvements. This is used when you are writing off on your taxes or in accounting.
It is considered a leasehold improvement if it is affixed to the property and when you're installing a new unit.
Yes, it can be classified as a leasehold improvement as long as it was indeed done on rented premises, etc.
Leasehold means all premises acquired on lease agreement to be used in business for revenue generation.
newtest3 How do I receive an answer to my question of If a mobil home park owns its leasehold can the Land owner do a conversion without the mobil home park that has the leasehold???