Cryptic crossword clue
Rented land using 16’s capital to alleviate reserve 9

The most common and most likely answer to this crossword clue is the 9 letter word LEASEHOLD

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Buddy explains!

The straight part
We know that "Rented land" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case rented land = leasehold.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does LEASEHOLD mean?

LEASEHOLD noun
  1. The tenure of property held by a lessee under a lease.
  2. A property held by such tenure.

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