Meaning of the word freehold in English

What does freehold mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

freehold

US /ˈfriː.hoʊld/
UK /ˈfriː.həʊld/
"freehold" picture

Noun

permanent and absolute tenure of land or property with freedom to dispose of it at will

Example:
They bought the freehold of the house last year.
Is the property a freehold or a leasehold?

Adjective

relating to or held by freehold

Example:
He owns several freehold properties in London.
The freehold land was passed down through generations.