Owning both the land and the building on the land. Sometimes in Britain a different person owns the land and the building. See ‘leasehold’.
Freehold
Example Sentences
"The house is freehold."
"Buy freehold, not leasehold."
Etymology & History
British property ownership (own land). Opposite of 'leasehold'. British property law terminology.
Word Details
๐
Region
General British
๐
Era
Modern
โ
Language
Mild
๐ฌ
Formality
Informal
Categories:
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Anglotopia's Dictionary of British English 2nd Edition
British Slang from A to Zed
By Jonathan Thomas
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