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