leased land; land under leasehold
Legal term for land that is leased, typically where the tenant owns the building on it. Used in real estate and property law contexts.
This land is leased land, and the leaseholder has built a house on it.
底地の所有者は地代を受け取る権利があります。
The owner of the leased land has the right to receive ground rent.
Compound of 底 (そこ, 'bottom' or 'base') and 地 (ち, 'land'), referring to the underlying land as distinct from the building on it. The exact historical derivation is uncertain; the term is used in modern legal contexts.