freehold estate

freehold estate
England, Wales
An estate in land which provides the holder of the estate with rights of ownership. There are several different types of freehold estate. The most common are:
fee simple, which is effectively absolute ownership of the land.
life estate, which effectively means ownership for the duration of the holder's life.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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Look at other dictionaries:

  • freehold estate — ➔ estate * * * freehold estate UK US noun [C] mainly UK PROPERTY, LAW ► FREEHOLD(Cf. ↑freehold) noun …   Financial and business terms

  • freehold estate not of inheritance — A freehold estate for the life of the grantee or some other person. 28 Am J2d Est § 8 …   Ballentine's law dictionary

  • freehold estate of inheritance — A freehold estate in fee simple absolute, fee simple conditional, fee simple determinable or defeasible, and estates in fee tail. 28 Am J2d Est § 8 …   Ballentine's law dictionary

  • freehold estate — Same as freehold …   Ballentine's law dictionary

  • freehold — free·hold / frē ˌhōld/ n [translation of Anglo French frank tenement freehold estate]: a tenure of real property the duration of which cannot be determined and by which an estate in fee simple or fee tail or for life is held; also: an estate held …   Law dictionary

  • estate — es‧tate [ɪˈsteɪt] noun [countable] 1. PROPERTY a large piece of land in the country, usually with one large house on it and one owner: • The estate consists of the main villa, several outbuildings and barns, a swimming pool, a farm house and an… …   Financial and business terms

  • freehold — free‧hold [ˈfriːhəʊld ǁ hoʊld] noun [countable, uncountable] PROPERTY LAW complete ownership of a building or land for an unlimited time: • Residential leaseholders living in blocks of flats have the right to acquire the freehold of their block… …   Financial and business terms

  • freehold — An estate for life or in fee. Intermountain Realty Co. v. Allen, 60 Idaho 228, 90 P.2d 704, 706. @ freehold estate A freehold estate is a right of title to land. Cohn v. Litwin, 311 Ill.App. 55, 35 N.E.2d 410, 413. An estate in land or other real …   Black's law dictionary

  • freehold — An estate for life or in fee. Intermountain Realty Co. v. Allen, 60 Idaho 228, 90 P.2d 704, 706. @ freehold estate A freehold estate is a right of title to land. Cohn v. Litwin, 311 Ill.App. 55, 35 N.E.2d 410, 413. An estate in land or other real …   Black's law dictionary

  • freehold — /free hohld /, Law. 1. an estate in land, inherited or held for life. n. 2. a form of tenure by which an estate is held in fee simple, fee tail, or for life. adj. 3. pertaining to, of the nature of, or held by freehold. [1375 1425; late ME… …   Universalium

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