Crossword Genius

His occupation is subject to contract (11)

Ross

I believe the answer is:

leaseholder

I'm a little stuck... Click here to teach me more about this clue!

'his occupation' is the definition.
The answer is a person as well as being a singular noun. This is suggested by the definition.

'subject to contract' is the wordplay.
'subject' becomes 'holder' (I am not sure about this - if you are sure you should believe this answer much more).
'to' is a charade indicator (letters next to each other) (I've seen this in other clues).
'contract' becomes 'lease' (lease is a kind of contract).
'holder' put after 'lease' is 'LEASEHOLDER'.

'is' acts as a link.

Can you help me to learn more?

(Other definitions for leaseholder that I've seen before include "Person with property rights" , "One renting property" , "Tenant" .)

I've seen this clue in The Globe and Mail.
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