leaseholds
Temporary property rights
Leaseholds are properties held under a lease rather than owned outright.
The leaseholder has rights to use the property for a specified term—often decades—but doesn't own the land beneath it.
Common in British real estate, where flats are typically leaseholds: The building contains twelve leaseholds, all with sixty years remaining.
Contrast with freeholds, where the owner holds the property indefinitely.
Shared position between parties
- covenantBinding formal pledge
- termsConditions of an agreement
- stipulationCondition in an agreement
- provisionPreparatory supply or clause
clause · binding · obligation · execution · signatories · enforceable · negotiation · amendment
Formal honorific or name
- deedWritten property conveyance
- conveyancingLegal property transfer process
- enfranchisementGranting citizenship rights
- right to buyTenant's home purchase privilege
tribunal · restrictive covenant · easement · encumbrance · management company
One who rents property
- landlordProperty owner renting out
- residents associationOrganized body of local dwellers
- subtenantRenter from another renter
- assigneeRecipient of transferred rights
Lacking vertical variation
- apartmentRented unit in building
- premisesProperty with buildings
- buildingEnclosed roofed structure
- blockSolid mass, or impede
estate · maisonette · penthouse · unit · development · residential · commercial · mixed-use
Of tiered landownership
- landholdingOwned piece of terrain
- historicOf lasting significance
- manorialOf a lord's estate
- demiseCessation of existence
agreement
Shared position between parties
- covenantBinding formal pledge
- termsConditions of an agreement
- stipulationCondition in an agreement
provision · clause · binding · obligation · execution · signatories · enforceable · negotiation · amendment · renewal
title
Formal honorific or name
- deedWritten property conveyance
- conveyancingLegal property transfer process
- enfranchisementGranting citizenship rights
right to buy · tribunal · restrictive covenant · easement · encumbrance · management company
tenant
One who rents property
- landlordProperty owner renting out
- residents associationOrganized body of local dwellers
- subtenantRenter from another renter
flat
Lacking vertical variation
block · estate · maisonette · penthouse · unit · development · residential · commercial · mixed-use · retail
term
Fixed period or word
extension · remaining · unexpired · diminishing · finite · fixed-term
feudal
Of tiered landownership
- landholdingOwned piece of terrain
- historicOf lasting significance
- manorialOf a lord's estate
- tenancytenant, tenancy, landlord, tenancies, tenants
- property lawfreehold, deed, deeds, title, ownership
- property rightsownership, property rights, private property, real property, title
- land rightsland rights, land title, easement, easements, freehold
- land restrictionsdeed restrictions, easement, easements, covenants, setback