Leasehold Interest

Concept of Leasehold Interest in the context of Real Property

A short definition of Leasehold Interest: The interest which the lessee has in the value of the lease itself in condemnation award determination. The difference between the total remaining rent under the lease, and the rent lessee would currently pay for similar space for the same time period.

Concept of Leasehold Interest in the context of Real Property

A short definition of Leasehold Interest: The interest which the lessee has in the value of the lease itself in condemnation award determination. The difference between the total remaining rent under the lease, and the rent lessee would currently pay for similar space for the same time period.