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 ?
Effective from 16 April 2019, foreign individuals (non-UAE/non-GGC nationals) and companies wholly or partially owned by such individuals ('Foreign Owners') can now own freehold interests in land located within the investment areas of the Emirate of Abu Dhabi (see list of investment areas below).
This meant homeowners had to pay ground rent and would be more likely to experience difficulties reselling compared to freehold properties.
Freehold Co-Founder, Chairman and CEO Don Brian discussed Curaleaf's reputation in the industry and its importance as a partner.
Assuming you do require the landlord's consent, consider the following: PS Where the share of freehold is held jointly with other leaseholders in their individuals names (up to four registered owners), you have hopefully signed a document known as a Declaration of Trust, which sets out whether you own the freehold equally or unequally and the corresponding proportion, the basis upon which decisions are made and the mechanism to resolve any dispute.
The new freehold law has made Al Reem Island more attractive to retiring expats.
While Pomlett is now the majority shareholder of Walsall Football Club, the freehold titles of the stadium are held by Suffolk Life - a pension firm of which Jeff Bonser is a beneficiary.
But when he made enquiries about building an extension to his new home, Ian discovered that he owned the leasehold not the freehold.
But he was shocked when he later found out that he owned the leasehold, not the freehold, when he looked into building an extension.
Ian told the ECHO that he had to pay out [pounds sterling]50 to Landmark for them to reveal the cost of the freehold, which was [pounds sterling]15,900 plus legal fees of [pounds sterling]540.
Demonstrators Ndung'u Nderitu said he did not see the logic in rating freehold land.
It publishes the date, the price, the address, and whether the sale was for the freehold or leasehold.
BIRMINGHAM-BASED Nurton Developments has sold its freehold interest in a city centre office complex.