Freehold

Pronunciation: /ˈfriːˌhoʊld/

Freehold (noun)

  1. Ownership of land or property without time limit.
  2. Legal term for owning land or property indefinitely.

Examples

  • She purchased a freehold property in the countryside.
  • Owning a freehold gives you more control over your land.

Common collocations: buy a freehold, freehold estate, freehold title, freehold tenure