What is Freehold Property?
Freehold property is property for which ownership rights of Land is given to the purchaser for a price and he is not required to pay annual Lease Charges. Freehold properties can be registered and/or transferred in part/s, which is not possible in the case of Leasehold properties. If you are not able to find the answer you are looking for, please send us a message by clicking here. We will address the same.
The owner of a freehold title of real estate enjoys the most superior form of private property ownership. A freeholder is considered to be the absolute owner of the land and buildings comprised in his title; he has the right to occupy, use and enjoy his property forever (in perpetuity) or until he transfers the title to a new owner, and his heirs are entitled to inherit his title upon his death.
