freehold

Definition of "freehold"
  1. A form of real estate ownership without a set expiration date, unlike certain leases or rentals
How to use "freehold" in a sentence
  1. She inherited the freehold of the family home after her father's demise.
  2. The business shifted from a lease arrangement to a freehold.
  3. Investing in a freehold property is generally considered more secure than renting.

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