Freehold


Definition of "Freehold"

Unlimited interest in property. A freehold estate may be a fee simple or file estate. Freehold estate includes freehold in deed, a fee simple estate; freehold in law, an inheritable estate; and determinable freeholds, a life estate.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Seizin

Individual who enjoy a freehold land right. ...

Life Estate

A freehold equity in a n estate, restricted to the duration of the life of the grantee or other stipulated individual. ...

Personal Financial Statement

Document showing the financial health of an individual that may be requested for a loan application to buy real estate. A Statement of Financial Condi ...

Cash Flow Before Taxes

See before-tax cash flow; cash flow. ...

Value

Highly subjective term, usually an expression of monetary worth applied to a particular piece of real estate property. ...

Transfer Tax

federal tax on gifts made and estate proceeds. ...

Popular Real Estate FAQ

What Are Basis Points?

Basic points relates to changes in the interest rate for your home. ...

What Is A Home Warranty?

A home warranty is a guarantee for certain features of a new home-for instance, the materials and workmanship, the main components of the house, and s ...

What Is A Qualifying Ratio?

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

What Is A Counteroffer?

A counteroffer is an offer made by one party that makes changes to the original or latest offer of the other party. ...

What Type Of A Home Is A Condominium?

A condominium is a form of home ownership in which the owner owns the airspace within the walls but doesn't own the actual walls, ceilings, or floors ...

What Is A Default?

A default is when a person fails to make payments on a loan. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate? The Ugly Truth About Open Houses

FAQ

What are my coverage options? What is a counteroffer? I dont know the zip code of my areas. How do I find an agent that is right for me in my area. What do I need to know about Business Insurance? What does Fannie Mae mean?