leaseholder Definition
a person or organization that holds a lease on a property and is therefore responsible for paying rent and maintaining the property during the lease period.
Using leaseholder: Examples
Take a moment to familiarize yourself with how "leaseholder" can be used in various situations through the following examples!
Example
The leaseholder is responsible for paying rent on time.
Example
The leaseholder is required to maintain the property in good condition.
Example
The leaseholder has the right to sublet the property with the landlord's permission.
leaseholder Synonyms and Antonyms
Phrases with leaseholder
head leaseholder
the primary leaseholder who has leased the property directly from the landlord
Example
As the head leaseholder, he was responsible for collecting rent from the sub-leaseholders.
a leaseholder who owns the property outright but has granted a lease to another party
Example
The freehold leaseholder was responsible for maintaining the property, even though it was being rented out.
a leaseholder who has a lease for a long period of time, usually more than 21 years
Example
The long leaseholder had the right to extend the lease for another 99 years.
Summary: leaseholder in Brief
A 'leaseholder' [lees-hohl-der] is a person or organization that holds a lease on a property and is responsible for paying rent and maintaining the property during the lease period. It is synonymous with 'tenant,' 'renter,' and 'lessee.' The term extends into phrases like 'head leaseholder' and 'long leaseholder,' denoting the primary leaseholder and a leaseholder with a long-term lease, respectively.
