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 §§ 131–132, 153.]

2. A lessor’s or lessee’s interest under a lease contract. UCC § 2A-103(m).

3. WORKING INTEREST. [Cases: Landlord and Tenant 20. C.J.S. Landlord and Tenant §§ 27, 202(1, 2, 3, 4, 5, 9, 10), 203.]

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词条贡献者

双语律师Jenna，国际知名法学院环境法专业，擅长翻译各类与环境、社会及管治 (ESG)相关的法律文件。