freehold


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freehold

An estate in land for life or in fee. The duration of the interest is undeterminable. The estate may end at some point in the future, but no one can predict the date of termination. Best understood by reference to its opposite, which is a leasehold.

References in periodicals archive ?
The MP claimed that residents of Harrow View West were told by the developer, Persimmon Homes, that the entire site would be sold leasehold to retain the aesthetics of the development, but many homes were subsequently sold on a freehold basis.
Therefore freehold titles formerly held by foreigners and now converted to leasehold titles will not expire until 2109.
Homeowners in a number of houses in the St Thomas' area and elsewhere in Newcastle cannot sell their properties, because the charity owns the freehold and is refusing to extend it.
Diyar Al Muharraq CEO Dr Maher Al Shaer said: "Since Al Qamra caters to both locals and expatriates in search of residential and investment freehold plots in one of the most lucrative areas in the kingdom, it gives me great pleasure to announce that construction work on the infrastructure of one of Diyar Al Muharraq's most prominent real estate development projects has now officially started.
Many assume that houses are freehold and flats are leasehold, but not necessarily.
Dalata said the transaction to secure the freehold of Maldron Hotel in Portlaoise is consistent with its strategy of buying out the freehold interests of those leased properties with future unpredictable rent reviews.
22 May 2017 - Ireland-based hotel operator Dalata Hotel Group plc (LSE: DAL) has partnered with receivers to acquire freehold interest of Maldron Hotel Porlaoise and adjacent Midway Foodcourt, with a sub-sale agreement in place to sell the food court to a third party, the company said.
Casa Tierra, a 501(c)(3) public charity focused on the development of affordable housing, has received a donation through Freehold Capital Partners, the company said.
Just talked about motorcycles and his old Freehold days.
Freehold said it should close the deal around May 25.
Major organization : FREEHOLD TOWNSHIP BOARD OF EDUCATION
The disposal of all three units for PS590,000 demonstrates the strength of demand from business owners for freehold or long-leasehold properties.