This document, 'Principles and Practice of Valuation - Leasehold Immovable Property', provides a comprehensive guide to valuing leasehold properties. It covers the legal definition of leases, the construction and application of valuation tables, and detailed calculations for both lessor and lessee interests. The guide includes practical examples and explanations of concepts like the Pagadi system, making it invaluable for property valuers, legal professionals, and students studying real estate.