Freeholds
/ˈfriːhoʊldz/
Definitions
- (n.) Estates in land held in fee simple or for life, granting ownership and possession rights indefinitely or for a lifetime.
He purchased the property as one of the freeholds available on the market.
Forms
- freehold
Related terms
See also
Commentary
Freeholds denote a class of ownership interests in land distinguished by their potential permanence, as opposed to leaseholds which are for fixed terms.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.