Skip to content
RIMAIAgribusiness SchoolMy land

D-leasehold Dictionary

Leasehold

The right to use land for a fixed term under a registered lease

All termsIntroduced in Module 1Open the Toolkit
An open dictionary on a farm office desk
Plain meaning
The right to use land for a fixed term under a registered lease
How to use it
A registered lease can be bankable if its term outlasts the loan and the lease is transferable. Record the lease term and transfer rules in the venture plan.
South African benchmark
State land leased to farmers under land reform is held on leasehold in South Africa.
Country notes
Zimbabwe's 99-year agricultural lease is the main bankable instrument on resettled land; Botswana grants leasehold over state and tribal land.
Go and read
C1
Calculate it
No calculator; the term is applied in the venture plan narrative.
Library sources
LIB-A018, LIB-A022
See also
Title deed, Collateral
Two hectares measured out, with the four numbers that make land a business assetTwo hectares, measured as a business assetHectare 1100 m x 100 mHectare 210,000 m²100 m100 m100 mLease value a yearthe return to beatSale valuethe capital tied upHolding costfencing, rates, upkeepTenure documentwhat a bank lends on1 hectare = 10,000 square metres. Two hectares is a 200 m x 100 m block.
From Module 1, The Farm as an Asset, where this term is introduced.

Introduced in C1 The Farm as an Asset.