Leaseholder
Definition 1 of 1
Pro Tip 1/3
Rental Duration
Leaseholder implies a specific time frame for renting which is usually mentioned in the agreement. The leaseholder signed a one-year contract.
Pro Tip 2/3
Maintenance Responsibility
Unlike casual renters, a leaseholder may have obligations to care for the property as if it were their own. The leaseholder replaced the broken fixtures in the apartment.
Pro Tip 3/3
Legal Agreements
Leaseholders enter into legal agreements that define their rights and responsibilities toward the property. The leaseholder’s agreement includes a clause on subletting.