LEASEHOLD INTEREST

LEASEHOLD INTEREST leasehold interest. 1. LEASEHOLD; esp., for purposes of eminent domain, the lessee’s interest in the lease itself, measured by the difference between the total remaining rent and the rent the lessee would pay for similar space for the same period. [Cases: Eminent Domain 147. C.J.S. Eminent Domain ¡ì¡ì 131¨C132, 153.] 2. A lessor’s […]

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