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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.
What else can I help you with?
Are dumpsters used in construction for leasehold improvement considered leasehold improvements?
no
Is carpeting considered to be a leasehold improvement or furniture and fixture?
it is considered a leasehold improvement.
Journal entry for amortization of leasehold improvement?
Debit depreciation expensesCredit leasehold improvement
Can labor be charged to leasehold improvements?
Yes this can be charged to leasehold improvements. This is used when you are writing off on your taxes or in accounting.
Is a new floor a leasehold improvement?
Yes, it can be classified as a leasehold improvement as long as it was indeed done on rented premises, etc.
Who owns the legal interest called the leasehold estate?
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.
Are dumpsters used in construction for leasehold improvement considered leasehold improvements?
no
Is carpeting considered to be a leasehold improvement or furniture and fixture?
it is considered a leasehold improvement.
Journal entry for amortization of leasehold improvement?
Debit depreciation expensesCredit leasehold improvement
How many syllables does the word leasehold have?
The word leasehold has two syllables. The syllables in the word are lease-hold.
Is hoarding a leasehold improvement?
NO !
What is leasehold mortgage?
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.
Can labor be charged to leasehold improvements?
Yes this can be charged to leasehold improvements. This is used when you are writing off on your taxes or in accounting.
Is air conditioning leasehold improvements?
It is considered a leasehold improvement if it is affixed to the property and when you're installing a new unit.
Is a new floor a leasehold improvement?
Yes, it can be classified as a leasehold improvement as long as it was indeed done on rented premises, etc.
What is leasehold in balance sheet?
Leasehold means all premises acquired on lease agreement to be used in business for revenue generation.
If a mobil home park owns its leasehold can the land owner do a conversion without them?
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???
