A leasehold is a payment
A)for the right to use certain property.
B)for the right to sublease certain property.
C)to give up or to get out of a lease.
D)to improve leased property.

Question

Quizplus · Accepted Answer

A leasehold is a payment made to the owner of a property for the right to use and occupy the property for a specified period of time. This is different from a freehold where the owner has full ownership and control of the property.

A Leasehold Is a Payment