Skip to main content

Leasehold estate

A right to possess and use real property under a lease for an agreed or legally recognized period. It is different from ownership of the property.

In a living room, a landlord and a new tenant look at a lease and keys on a table, a moving box on a bench beside them
  1. The right to live there for the term
  2. The tenant holds the keys
  3. The owner keeps the property

Where it matters

Identify the type of tenancy, its duration, and the rules for ending or transferring the interest.

Cornell Legal Information Institute: leasehold

Explore the related rental resource →

This page is general education. The current law, program rules, and specific housing records determine how a rental home is treated. Rentari provides software and written guides, not legal advice or licensed property management.

Put this into practice with Rentari's landlord software, tenant management software and rental property management software.

Browse all rental terms