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- DictionaryFree·hold/ˈfrēˌ(h)ōld/
noun
- 1. permanent and absolute tenure of land or property with freedom to dispose of it at will.
adjective
- 1. held by or having the status of freehold: "freehold tenure"
The meaning of FREEHOLD is a tenure of real property by which an estate in fee simple or fee tail or an estate for life is held; also : an estate held by such tenure.
A freehold, in common law jurisdictions such as England and Wales, Australia, Canada, Ireland, and twenty states in the United States, is the common mode of ownership of real property, or land, and all immovable structures attached to such land.
FREEHOLD definition: 1. the legal right to own and use a building or piece of land for an unlimited time: 2. owned in a…. Learn more.
Oct 18, 2021 · The biggest difference between a freehold and a leasehold is who maintains ownership of the land or ground. A freehold is a right of title to land and all the property affixed to it. This is common in the U.S. when purchasing a home; you’re buying both the house and the ground that it rests on.
Freehold definition: an estate in land, inherited or held for life.. See examples of FREEHOLD used in a sentence.
FREEHOLD meaning: 1. the legal right to own and use a building or piece of land for an unlimited time: 2. owned in a…. Learn more.
Freehold is a type of estate where the person has a right or owns title to real property for an unspecified amount of time. Freehold estates include all those described as “estates of inheritance,” meaning those able to be passed in a will or under intestacy laws to heirs, and freehold estates include life estates which are those given to a ...
