And I bring all this up because today weâre going to discuss Celtic music. You see, if you think about it, traditional Celtic music is way older than the guitar. Really really, way, way older. So when someone is talking about playing Celtic style on the guitar, what exactly is that person talking about? Simply put, one is actually talking about playing the guitar in a way which makes your mind think of things Celtic. The guitar playing reminds you of other instruments that you would associate with Celtic tunes.
Definition of Leasehold Property. Leaseholds are properties where an owner (lessor) leases real estate to buyers (lessees) for specific time periods. The lessee is permitted to occupy the property for the lease period and pays lease rent. The lessee is also responsible for paying the property taxes.
Related to leasehold: freehold, Leasehold Improvements, leasehold interest, leasehold property. An estate, interest, in real property held under a rental agreement by which the owner gives another the right to occupy or use land for a period of time. n. the real estate which is the subject of a lease (a written rental agreement for an extended period of time). The term is commonly used to describe improvements on real property when the improvements are built on land owned by one party which is leased for a long term (such as 99 years) to the owner of the building.