Leaseholder definition
Examples of Leaseholder in a sentence
This means, for example, that the Leaseholder will be obliged to pay 100% of the outgoings relating to the property and to keep the property in good and substantial repair and condition.
If the lease is terminated the Leaseholder will lose (and will not be entitled to any compensation for), any shares in the property which he or she had acquired.
Although initially the property is not owned outright, the Leaseholder does have the normal responsibilities of a full owner.
If the Landlord has to cover some of the mortgage debt in this way the Leaseholder will become liable to pay the Landlord back.
Continued occupancy by family members is not allowed when the head of household’s move from the unit was initiated under the CHA Leaseholder Housing Choice and Relocation Rights Contract 10/1/99, the CHA Relocation Rights Contract for Families with Initial Occupancy after 10/1/99, or Victims Assistance.