2006-12-31 04:10:11 · 3 answers · asked by Mike Z 1 in Education & Reference ➔ Words & Wordplay
The technical legal description of a freeholder is a person who owns the 'fee simple absolute in possession' of real estate. In English law, since the Law of Property Act 1925 only two estates can exist in land - either that fee simple or a leasehold - a term of years absolute. Before that Act there were other estates, eg 'copyhold' where the land was held from the Lord of the Manor and title was proved by a 'copy' of the manorial rolls.
Not 'for life' as stated in the first answer, but for as long as the freeholder and his heirs want to hold it, subject, of course, to powers of central and local Government of compulsory purchase. An estate 'for life' cannot now exist at law in England.
2006-12-31 08:18:55 · answer #1 · answered by rdenig_male 7 · 0⤊ 0⤋
Freeholder
legal ownership of a property giving the owner unconditional rights, including the right to grant leases and take out mortgages
2006-12-31 17:19:17 · answer #2 · answered by Grapy 2 · 0⤊ 0⤋
complete ownership of property for life, such land or property.
2006-12-31 12:18:39 · answer #3 · answered by ruth4526 7 · 0⤊ 0⤋