
Freehold
Freehold is a type of property ownership where you own both the land and the building on it outright, typically for an indefinite period. This means you have full control over the property and can use, sell, or pass it on as you wish, subject to local laws and regulations. Unlike leasehold properties, which are rented for a fixed term from a landlord, freehold ownership offers permanence and stability, making it a common choice for homeowners seeking full ownership and control of their property.