freehold
Absolute land title
Freehold is ownership of land or property outright, without limit of time—as opposed to leasehold, where rights expire after a set period.
A freehold estate belongs to the owner permanently and can be inherited or sold freely.
The term appears mainly in British and Commonwealth legal contexts: They converted their leasehold flat to freehold.
In American usage, most home ownership is freehold by default, so the term rarely comes up.
Formal honorific or name
- deedWritten property conveyance
- proprietorshipSole-owner business entity
- possessionState of owning
- unencumberedFree from hindrances
absolute · registry · solicitor · acquisition · realty · entitlement · land registry · transfer
Residential building
- flatLacking vertical variation
- landEarth's solid surface
- dwellingPlace of residence
- residencePlace one inhabits
domicile · parcel · plot · homestead · manor · cottage · bungalow · villa
Protected employment status
- inheritanceProperty received from ancestors
- entailmentLogical necessity from premises
- patrimonyInherited estate or legacy
- bequestGift left by will
devise · ancestral · heritage · manorial · primogeniture · heirloom · inalienable · indivisible
Lasting without interruption
- indefiniteNot precisely determined
- absoluteTotal, without qualification
- irrevocableCannot be undone
- enduringPersisting through time
permanent · lasting · secure · stable · outright · unconditional · unrestricted · unencumbered
Renter's period of residence
- rentalPaid temporary use
- ground rentPayment for land use
- service chargeFee for being served
- lease extensionProlonging a rental agreement
title
Formal honorific or name
- deedWritten property conveyance
- proprietorshipSole-owner business entity
- possessionState of owning
unencumbered · absolute · registry · solicitor · acquisition · realty · entitlement · land registry · transfer · vesting
house
Residential building
residence · domicile · parcel · plot · homestead · manor · cottage · bungalow · villa · building
tenure
Protected employment status
- inheritanceProperty received from ancestors
- entailmentLogical necessity from premises
- patrimonyInherited estate or legacy
bequest · devise · ancestral · heritage · manorial · primogeniture · heirloom · inalienable · indivisible · holdings
perpetual
Lasting without interruption
- indefiniteNot precisely determined
- absoluteTotal, without qualification
- irrevocableCannot be undone
enduring · permanent · lasting · secure · stable · outright · unconditional · unrestricted · unencumbered · heritable
tenancy
Renter's period of residence
- rentalPaid temporary use
- ground rentPayment for land use
- service chargeFee for being served
equity
Impartial treatment or ownership value
appreciation · mortgage · remortgage · purchase · sale · market · portfolio · wealth · returns · growth
- ownershipowner, own, ownership, possess, proprietorship
- propertyproperty, land, ownership, house, home
- property typesapartment, condo, townhouse, studio, duplex
- possessionowned, acquired, possessed, kept, retained
- UK Propertyestate agent, council house, terraced house, semi-detached, detached house
- Canadian Housingcondo, townhouse, detached home, semi-detached, duplex
freeholdleasehold
Rented property interest
lease · tenancy · rental · life estate · ground lease