Leasehold Value - Definition - Law Dictionary Home Dictionary Definition leasehold-value

Definition :

Leasehold value, means the value of a leasehold interest. This term usu. applies to a long-term lease when the rent paid under the lease is lower than current market rates. Some states permit the lessee to claim the leasehold interest from the landlord in a condemnation proceeding unless, the lease prohibits such a claim. Other states prohibit these claims by statute, Black's Law Dictionary, 7th Edn., p. 900.