- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 05 Feb 2020
The term ‘freehold’ in property law describes the ownership of a property. A freeholder of a property owns the ‘title absolute’ of the property, that is, ownership of the land and any immovable structures attached to it, outright in perpetuity.
A freehold is in contrast to:
- A ‘leasehold’, which describes a lease from the freeholder that enables the leaseholder to use the property for a specified period, after which it will revert to the freeholder. Leaseholders are sometimes also referred to as ‘tenants’.
- A ‘commonhold’, which is a form of property ownership for multi-occupancy properties that enables the collective ownership of the freehold of property.
A leaseholder may have the right to purchase a freehold if they have owned the lease to a house for at least two years, or, if they own a flat, they may be able to buy it collectively with other leaseholders (see Shelter, Buying the freehold of a house for more information). Leaseholders of flats will also normally have the right of first refusal (RFR) if the freeholder decides to sell the freehold.
 Related articles on Designing Buildings Wiki
- Buy-to-let mortgage.
- Housing tenure.
- Land registry.
- Negotiating a lease.
- Poor drafting of agreements.
- Property guardianship.
- Property ownership.
- Property rights.
- Types of building.
- Vacant possession.
- What is an estate?
- What is a mortgage?
 External references
- Shelter, Buying the freehold of a house.
Featured articles and news
Framework examines social value of projects.
RfX or Request for [fill in the blank].
Organisation establishes Equality, Diversity, Inclusion taskforce.
Government announces plans for new building projects.
Outsourcing method to procure and manage supplies.
Joint support of Local Authority Historic Environment and Conservation Services.
The Chesapeake Bay Bridge-Tunnel is an outstanding achievement.
Buildings of the interwar years. Book review.
Ireland’s climate change sectoral adaptation plan.
Rethinking the acoustics of the office.
Various deterrent measures can help managers deal with avian problems.
Groups send message to government.
Mark Beard FCIOB shares thoughts on changes in the construction industry.
The three layers in modern laminates have specific functions.
The CIOB and UK BIM Alliance announce formal affiliation.