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

译员黎川，在一家顶尖澳洲律师事务所的上海办公室担任全职法律翻译，专注翻译各种与澳大利亚业务有关的法律文件。