freehold estate



Exclusive right to enjoy the possession and use of a parcel of land or other asset for an indefinite period. In contrast, a leasehold estate is for a fixed, definite period. See also fee simple absolute in possession.

Use freehold estate in a sentence

  • Early settlers in the west were granted a freehold estate to properties occupied by them for a requisite period of time.

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  • We had a freehold estate and I wanted to take full advantage of it, because it would not last that long.

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  • My farm is located on 2500 acres of a freehold estate in central California, where I grow grapes and strawberries.

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