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freehold Definition

free·hold (frē′hōld′)

noun

  1. an estate in land held for life or with the right to pass it on through inheritance
  2. the holding of an estate, office, etc., in this way

Etymology: ME fre holde, after Anglo-Fr franc tenement

adjective

of or held by freehold

freehold Related Forms

free′·hold′er noun

freehold Law Definition

n

An ownership estate or possessory interest in land, particularly a fee simple or life estate.

freehold Usage Examples

Converse of object

  • acquire: Thomas Parker acquired the freehold of about seven acres of land on which to build the works.
  • buy: In cashflow terms, buying a freehold has a high initial cost.
  • purchase: Two years later some club members purchased the freehold of the building for club members.
  • sell: Generally we do not sell the freehold of the foreshore.
  • fly: For instance, bedrooms on a property that have a flying freehold will not necessarily line up with the outside walls of downstairs.
  • own: There will be a landlord who will own the freehold.

Modifies a noun

  • reversion: They had tried to purchase the freehold reversion for the trust but the landlord had refused.
  • leasehold: The tenure of the property is declared, which will usually be either freehold, leasehold or commonhold.
  • estate: July 16 th 1919 Small freehold estate for sale.
  • tenure: Freehold absolute tenure of a property, free of obligations to the lord of the manor.
  • ownership: The vendor shall retain the freehold ownership of the new road.
  • land: Fee simple Fee simple is the legal estate or interest in freehold land.

Modifying Another Word

mostly: Several smaller owners have estates in the parish, mostly freehold.

Noun used with modifier

  • tenure: TENURE Freehold with the benefit of vacant possession upon legal completion.
  • sale: Offered for sale freehold, the deeds had been mislaid.

Preposition: of

  • premise: In February 2005, Vendo UK completed a £ 2m investment in the freehold of new premises in Basingstoke.
  • land: The Society is working to secure the freehold of land adjacent to the existing railroad center.
  • building: Two years later some club members purchased the freehold of the building for club members.

Preposition: with

  • possession: Tenure The property is freehold with vacant possession to be granted upon completion.
  • acquisition: Freehold with vacant possession. *Choices Acquisitions are not auctioneers, we provide information/advice services.