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Noun: freehold  'free,hówld
  1. An estate held in fee simple or for life
    "They inherited a freehold estate from their grandparents"
     
  2. Tenure by which land is held in fee simple or for life
    "The property was sold as a freehold, giving the buyer complete ownership"

Derived forms: freeholds

Type of: acres, demesne, estate, land, land tenure, landed estate, tenure

Encyclopedia: Freehold, NJ