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A leasehold estate is an ownership of a temporary right to hold land or property in which a lessee or a tenant has rights of real property by some form of title from a lessor or landlord. [1] Although a tenant does hold rights to real property, a leasehold estate is typically considered personal property .
Leasehold: An estate of limited term, as set out in a contract, called a lease, between the party granted the leasehold, called the lessee, and another party, called the lessor, having a longer estate in the property. For example, an apartment-dweller with a one-year lease has a leasehold estate in her apartment.
Ryot (alternatives: raiyat, rait or ravat) was a general economic term used throughout India for peasant cultivators but with variations in different provinces. While zamindars were landlords, raiyats were tenants and cultivators, and served as hired labour.
A lease is a legal contract, and thus enforceable by all parties under the contract law of the applicable jurisdiction. In the United States, since it also represents a conveyance of possessory rights to real estate, it is a hybrid sort of contract that involves qualities of a deed.
Some of the rules include agreeing on the cost of the lease and the period of time for which it will last; clear terms in the contract; agreeing on purpose the lessee will use the property for, which they must stick to; the lessor (owner of the leased property) agreeing to bear all the "liabilities emerging from the ownership", etc. [5] Usmani ...
In Roman law, ground rent (solarium) was an annual rent payable by the lessee of a superficies (a piece of land), or perpetual lease of building land. [5] In early Norman England, tenants could lease their title to land so that the land-owning lords did not have any power over the sub-tenant to collect taxes.
A freehold, in common law jurisdictions or Commonwealth countries such as England and Wales, Australia, [1] Canada, Ireland, India and the United States, is the common mode of ownership of real property, or land, [a] and all immovable structures attached to such land.
The compound word numberdar is composed of the English word number (such as a certain number or percentage of the land revenue) and dar (در from the Persian loan word into Bengali, Hindi, Urdu and Punjabi languages, meaning the bearer, possessor, holder, keeper or owner), [2] thus in this context it means the one who holds a certain percentage of the land revenue.