The fiancÃ© visa, or K-1 visa, is a nonimmigrant (temporary) visa issued to the fiancÃ© of a U.S. citizen in order to enter the U.S. for the purpose of getting married. This process does not require leaving the United States for the required green card interview.
A leasehold estate 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. Leasehold is a form of land tenure or property tenure where one party buys the right to occupy land or a building for a given length of time.
DEFINITION of 'Leasehold'. An accounting term used to classify an asset on a company's balance sheet that is leased. In order to be classified as a leased asset, the firm must enter into a lease agreement that is an operating lease, and not a capital lease.