Tenure

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Revision as of 14:55, 7 December 2014 by imported>Doug Williamson (Expand to reference leasehold v freehold distinction, and link with Lease page. Source: Oxford Dictionary of Law, Seventh edition including 2013 updates.)
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  1. A period for which an office is held, for an example an individual's period of holding a position on a board of directors.
  2. Rights over land or buildings, for example the right to extract natural mineral resources from land by mining.
  3. The nature of rights over land and buildings, distinguishing between outright ownership (freehold) and leasehold.


See also