👉 Leaseholding is a legal concept in which a tenant leases property from the landlord and agrees to pay rent for use of that property. The term "leaseholding" refers to the process by which a tenant acquires title to a property, typically through a lease agreement, and then uses it as their primary residence or business. This can be particularly advantageous for individuals who are looking to own their own home or want to live in a rental property for a longer period of time.
