Freehold

Freehold
/free"hohld'/, n.
a town in E New Jersey: battle of Monmouth courthouse 1778. 10,020. Formerly, Monmouth.

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In Anglo-American law, ownership of a substantial interest in real property (see real and personal property) held for an indefinite period.

The term originally designated the owner of an estate held in free tenure, who possessed, under the Magna Carta, the rights of a free man. Today a freehold is distinguished from a leasehold, a contract to hold real property for a specified period. See also copyhold, fee, landlord and tenant.

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law
      in English law, ownership of a substantial interest in land held for an indefinite period of time. The term originally designated the owner of an estate held in free tenure, who possessed, under Magna Carta, the rights of a free man. A freehold estate was distinguished from nonfreehold estates such as copyhold, tenancy at will, and tenancy for a fixed period, the customary landlord–tenant relationship. Knight service and frankalmoign, which required military and ceremonial services respectively, and free socage, which involved certain services of husbandry or manual labour, were types of free tenure. See also copyhold; socage.

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  • 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 — 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

  • Freehold — may refer to:*Fee simple: interest in real property, as opposed to leasehold *Freehold (Scots law): a term similar to fee simple , but not identical in meaning. *customary freehold, privileged copyhold or copyhold of frank tenure. ;Places *places …   Wikipedia

  • Freehold — Freehold, NJ U.S. borough in New Jersey Population (2000): 10976 Housing Units (2000): 3821 Land area (2000): 1.995230 sq. miles (5.167623 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 1.995230 sq. miles… …   StarDict's U.S. Gazetteer Places

  • Freehold, NJ — U.S. borough in New Jersey Population (2000): 10976 Housing Units (2000): 3821 Land area (2000): 1.995230 sq. miles (5.167623 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 1.995230 sq. miles (5.167623 sq. km)… …   StarDict's U.S. Gazetteer Places

  • Freehold — Free hold , n. (Lw) An estate in real property, of inheritance (in fee simple or fee tail) or for life; or the tenure by which such estate is held. Kent. Burrill. [1913 Webster] {To abate into a freehold}. See under {Abate}. [1913 Webster] …   The Collaborative International Dictionary of English

  • freehold — [frē′hōld΄] n. [ME fre holde, after Anglo Fr franc tenement] 1. an estate in land held for life or with the right to pass it on through inheritance: distinguished from LEASEHOLD 2. the holding of an estate, office, etc., in this way adj. of or… …   English World dictionary

  • Freehold — (spr. Friehold), 1) Städtischer Bezirk mit Postamt (Post township) in der Grafschaft Monmouth des Staates New Jersey; 2800 Ew.; 2) Postort darin u. Hauptort der Grafschaft; 6 Kirchen, Bank, Akademie, 3 Zeitungen; Zweigbahn zum Anschluß an die… …   Pierer's Universal-Lexikon

  • Freehold — (spr. frihohld), in England ein freies Lehn; davon Freeholders, die wahlberechtigten brit. Grundbesitzer …   Kleines Konversations-Lexikon

  • freehold — early 15c. (implied in freeholder), translating Anglo Fr. fraunc tenement; see FREE (Cf. free) (adj.) + HOLD (Cf. hold) …   Etymology dictionary

  • freehold — ► NOUN 1) permanent and absolute tenure of land or property with freedom to dispose of it at will. 2) chiefly Brit. a piece of land or property held by such tenure. DERIVATIVES freeholder noun …   English terms dictionary

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