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- Dictionaryfreehold/ˈfriːhəʊld/
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"
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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.
Dec 28, 2023 · What is the meaning of freehold? Act 56 of the Malaysia National Land Code, 1965 clearly states that all State lands are owned by the State authority. However, when land is disposed of by the authority to an individual for an infinite period, it will then be a freehold title.
Aug 11, 2023 · What is a freehold property? Freehold property belongs entirely to the owner with no control from the government. This is evident when property developers build freehold bungalows, private homes and condominiums on a piece of land.
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. A life estate, an interest in land the duration of which is restricted to the life or lives of a particular person or persons holding it, or an estate in fee, an interest in property that is unconditional and represents the broadest ownership interest recognized by law.
If you have the freehold of a building or piece of land, it is yours for life and there are no conditions regarding your ownership. People owning leasehold homes will be given a new right to buy the freehold of their property. 2.adjective. If a building or piece of land is freehold, you can own it for life.
