freehold estate (interest) – an estate in land held in fee simple, fee tail, or for term of life; any real property interest that is or may become possessory

     This page is continued from Property>>>> Interest >>>> Estate >>>> Estates in Land:

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freehold:
n. (15c)

1. An estate in land held in fee simple, in fee tail, or for term of life; any real property interest that is or may become possessory.  *  At common law, these estates were all created by enfeoffment with liver; of seisin.

2. The tenure by which such an estate is held.  — aka freehold estate; estate in freehold; freehold interest; frank-tenement; liberum tenementum.  Cf. LEASEHOLD.

Various Types of Freeholds:

determinable freehold – a freehold estate that is defeasible (capable of being cancelled) by operation of a special limitation.

perpetual freehold – an estate given to a grantee for life, and then successively to the grantee’s heirs for life.

charter land – “freehold land” held under royal charter or deed (generally for churches and leaders).

flying freehold – the part of a freehold property that encroaches on another owner’s property, not on the ground but above it, as with a balcony that extends over the property line.

movable freehold – real property capable of being increased or diminished by natural causes, such as the land a seashore owner acquires or loses as water recedes or approaches.

Related Terms:

freeholder (15c) Hist. Someone who possesses a freehold. — aka charterer.

freeholder’s court baron See COURT BARON.

freehold land society (usu. pl.) (1851) Hist. English law. A society in England created to enable mechanics, artisans, and other workers to buy at the lowest possible price freehold land with a sufficient yearly value to entitle the owner to the right to vote in the county in which the land was located.

freehold reversion See REVERSION.

References:

Disclaimer: All material throughout this website is compiled in accordance with Fair Use.

[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4

[2]: Ballantine’s Law Dictionary with Pronunciations Third Edition by James A. Ballantine (James Arthur 1871-1949).  Edited by William S. Anderson.  © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY.  Library of Congress Catalog Card No. 68-30931

[3]:  Ballantine’s Law Dictionary Legal Assistant Edition
by Jack Ballantine 
(James Arthur 1871-1949).  Doctored by Jack G. Handler, J.D. © 1994 Delmar by Thomson Learning.  ISBN 0-8273-4874-6.

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