A leasehold is an accounting term that refers to an asset or property that a lessee (tenant) contracts to rent from a lessor (property owner) for an agreed-upon time in exchange for scheduled payments.
Property developments
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the process of buying, improving, and selling buildings and land, and arranging for new buildings to be built:
Property developments meaning & definition 1 of Property developments.
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a place where new buildings have been built or are being built:
Property developments meaning & definition 2 of Property developments.
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