Freehold estate
Term · Law · MLC-T-LAW-002242
An interest in real property that is characterized by indefinite duration and the right of possession. It grants the holder ownership rights for an indeterminate period, unlike a leasehold estate which is for a fixed term. The most common type is fee simple absolute, which provides the broadest possible ownership rights.
| Identifier | MLC-T-LAW-002242 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002242",
"term": "Freehold estate",
"field": "Law",
"definition": "An interest in real property that is characterized by indefinite duration and the right of possession. It grants the holder ownership rights for an indeterminate period, unlike a leasehold estate which is for a fixed term. The most common type is fee simple absolute, which provides the broadest possible ownership rights.",
"url": "https://mlchart.com/terminology/law/freehold-estate/"
}
Record 2,152 of 5,445 in Law terminology (MLC-0107). Request the full dataset.