What Does Leasehold Mean?
Answer:
Leasehold - means something you may do during your lease that will typically remain the property of the person owning the property or the lessor.
For example, you may put down new flooring contained by a kitchen in the apartment you are subletting. When you choose to leave the apartment to move into a home you would not dig up the floor and move it. The floor become a "leasehold" item.
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