Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
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. 2. A lessor's or lessee's interest under a lease contract. UCC ยง 2A-103. 3. WORKING INTEREST. leasehold mortgageSee MORTGAGE.