Pronunciation: /friːhoʊld/
noun a type of estate in land where the owner has full control and ownership of the property, including the land and any buildings on it
A1 A freehold property means you own both the building and the land it sits on.
A2 In some countries, people prefer to buy freehold properties because they offer more security.
B1 The couple decided to invest in a freehold apartment rather than a leasehold one.
B2 The lawyer explained the advantages and disadvantages of owning a freehold property.
C1 After years of renting, she finally purchased her first freehold house.
C2 The inheritance included several freehold properties that had been in the family for generations.
formal The property is being sold as a freehold, meaning the buyer will own both the property and the land it sits on.
informal My uncle recently bought a freehold property and he's really happy about it.
slang I heard Sarah snagged a freehold house for a steal!
figurative In a way, owning a freehold property gives you a sense of security and permanence.
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