Freehold
Term · Law · MLC-T-LAW-002241
An estate in land of uncertain duration, as distinguished from a leasehold estate for a fixed term. The freehold estates are the fee simple, the fee tail, and the life estate, and historically only a freeholder was said to hold seisin. Rights under a freehold vary with the estate: a fee simple absolute is the largest, while a life estate ends with the life on which it is measured.
| Identifier | MLC-T-LAW-002241 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002241",
"term": "Freehold",
"field": "Law",
"definition": "An estate in land of uncertain duration, as distinguished from a leasehold estate for a fixed term. The freehold estates are the fee simple, the fee tail, and the life estate, and historically only a freeholder was said to hold seisin. Rights under a freehold vary with the estate: a fee simple absolute is the largest, while a life estate ends with the life on which it is measured.",
"url": "https://mlchart.com/terminology/law/freehold/"
}
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