noun
definition
The tenure of property held in fee simple for life.
definition
An estate held by a tenure of this type.
Examples of freeholds in a Sentence
Extremely well suited for sheep-farming, the natural pastures of the country were quickly parcelled out into huge pastoral crown leases, held by prosperous licensees, the squatters, who in many cases aspired to become a country gentry by turning their leases into freeholds.
Experience, however, has 1 Up to the middle of the 15th century "seisin " was applied to chattels equally with freeholds, the word " possessed " being rarely used.
They have freeholds in their offices and are paid by customary fees.
The second was called for by the preference which the common law gave to a distant collateral over the brother of the half-blood of the first purchaser; the fourth conferred an indefeasible title on adverse possession for twenty years (a term shortened by Lord Cairns in 1875 to twelve years); the fifth reduced the number of witnesses required by law to attest wills, and removed the vexatious distinction which existed in this respect between freeholds and copyholds; the last freed an innocent debtor from imprisonment only before final judgment (or on what was termed mesne process), but the principle stated by Campbell that only fraudulent debtors should be imprisoned was ultimately given effect to for England and Wales in 1869.1 In one of his most cherished objects, however, that of Land Registration, which formed the theme of his maiden speech in parliament, Campbell was doomed to disappointment.