Accountancy, asked by tanishgarg074, 1 year ago

what is the meaning of leasehold premises​

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Answered by puchudas11072001
1

Answer:

A leasehold premises is an ownership of a temporary right to hold land or property in which a lessee or a tenant holds rights of real property by some form of title from a lessor or landlord. Although a tenant does hold rights to real property, a leasehold estate is typically considered personal property.

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