What's the difference between leasehold and rental?

Leasehold


Definition:

  • (a.) Held by lease.
  • (n.) A tenure by lease; specifically, land held as personalty under a lease for years.

Example Sentences:

  • (1) But the company is facing a loss of business as leaseholders seek to recover service charges or replace it as manager at LVTs.
  • (2) If students are renting out a leasehold flat, they don’t care how much noise they make.
  • (3) Two refused to make any payment to secure business, one claiming such an arrangement would "contravene the rules and be unfair to leaseholders".
  • (4) The slums will be easier to shift out than the formal leaseholders, according to sources on the panel.
  • (5) There have long been calls for an overhaul, or at least regulation, of the leasehold sector.
  • (6) His first step was to bring the residents together so he could bring a leasehold valuation tribunal (LVT) case against the freeholder and property manager.
  • (7) My proudest achievement since the 2001 general election: New legislation which protects leaseholders from being dictated to over which insurance company they use.
  • (8) It is better that it will now be covering the whole of the leasehold sector."
  • (9) This is where you and the other leaseholders take over the management responsibilities – organising repairs, gardening and maintenance, but not collecting the rent – from the landlord or management company.
  • (10) Leaseholds started in the 1850s had five or 10 years left to run, the property was unsellable, no one would repair it.
  • (11) Outright sales have been ruled out because the returns for the Greek state wouldn’t be higher than a leasehold arrangement, he said.
  • (12) At an LVT, leaseholders have a choice – they can dispute individual service charges and assessments, ask the tribunal to appoint a different manager, or try to take over the management of their block themselves using the "right-to-manage" process.
  • (13) John James, the managing director of Soho Estates faced the loud-hailer wielding women outside the firm's offices, assuring them that he "had no problem with this type of work" but had no choice but to inform the leaseholder of the flats that they could lose their lease if they were to allow "immoral activities", after Soho Estates was issued with an enforcement notice by police.
  • (14) It also left £65m of cash in the business, later increased to £74m, as well as about £100m of freehold and long leaseholds.
  • (15) In the coming months, a tribunal will hear a £2.6m claim for overcharging alleged by more than 300 leaseholders at the striking St George Wharf development on the river Thames.
  • (16) Another option is for leaseholders collectively to exercise their "right to manage".
  • (17) An alternative option for leaseholders who think they are being overcharged is to take their case to the Leasehold Valuation Tribunal (LVT), which adjudicates on whether service charges, including insurance costs, are "reasonably incurred".
  • (18) First-timer buyers desperate to scramble on to the property ladder should be wary of leasehold flats, as this form of "ownership" is no more than an extended rental that might seem cheaper, but can cost you dear in the end, experts warn.
  • (19) "That's our biggest challenge – maintaining standards while making it seem as though nothing has changed," said John Singer, the island's current leaseholder.
  • (20) "Ending the current sale process and looking for a leasehold solution will remove the uncertainty and allows us to help secure the future use of the stadium with more confidence."

Rental


Definition:

  • (n.) A schedule, account, or list of rents, with the names of the tenants, etc.; a rent roll.
  • (n.) A sum total of rents; as, an estate that yields a rental of ten thousand dollars a year.

Example Sentences:

  • (1) Airbnb also features a number of independently posted holiday rentals in Brazil's favelas.
  • (2) Two years later, the privately held Lovefilm acquired Amazon's UK and German movie rental business, with the online retail giant taking a stake in the business as part of the deal.
  • (3) LCP said one- and two-bedroom flats in the centre of the city were popular with corporate renters and international students, and that demand was fuelling rental growth.
  • (4) If it passes, the measure will enforce new limits on the number of days short term rental properties can be offered yearly and require the companies to report the rates charged and durations of stays.
  • (5) Soaring demand for rental property means homes are being let in record time, even though more properties are coming on to the market, according to research from lettings agent Countrywide.
  • (6) Toyota immediately suspended the rental car commercials in which he appears and industry experts speculated the band was likely to lose more lucrative contracts.
  • (7) BHS shareholders led by Green, and the billionaire’s family, withdrew more than £580m in dividends , rental payments and interest on loans from the failed department store chain before he sold it for £1 in March 2015.
  • (8) LoveFilm, bought out by Amazon three years ago in a deal worth nearly £200m , will be folded into the online retailer's British website next week, creating a one-stop service for digital streaming, DVD rental and books.
  • (9) Lack of construction to meet an increase in demand for both rental and for purchase has contributed to increase in cost of housing in the US.
  • (10) Photograph: ONS That covers banks, insurers, technology companies, other financial firms, estate agents, and goods rental companies.
  • (11) Roger Harding, Shelter’s director of communications, policy and campaigns, said: “It beggars belief that a landlord can evict a family simply because they have three children, and the fact that this one has is yet another sign of our broken rental market.
  • (12) The Apple boss opened up several new fronts at the start of the year, with plans to launch online movie rentals and a revamped "Apple TV" on which to play them, trying to do for broadband-based video on demand what iTunes did for music downloads.
  • (13) Le Grand Bornand is one of the first resorts to offer Snooc rental.
  • (14) But PricedOut said proposals to expand the private rented sector came with a "massive omission" over security for tenants, mostly on six-month or one-year contracts, and failed to tackle tax breaks that give rental investors a head start over first-time buyers.
  • (15) On top of that you will also face a line rental charge of £15.45.
  • (16) She will recommend better regulation of the rental sector as part of the report.
  • (17) Daily cost including drug, pharmacy and nursing time, pump rental was 33%, PA, versus 23%, PB, more than conventional therapy.
  • (18) While the proportions may vary year to year, we invariably spend more on residences than we receive in rental income.
  • (19) Rental arrears are up among social tenants as a result of the bedroom tax and other benefit cuts, with 28% of them going into the red for the first time .
  • (20) A rental contract can stipulate that tenants ask a landlord before switching energy supplier, but it can't refuse permission to switch.

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