In real estate law, a Freehold Estate is an ownership interest in property that has an indefinite or potentially unlimited duration. Unlike leasehold estates, a freehold estate is not measured by a fixed term of years.
Common examples of freehold estates include fee simple estates and life estates. These estates grant the holder the right to possess and use the property for an uncertain length of time, either indefinitely or for the duration of a person’s life, making them the most fundamental forms of real property ownership.
