Simple English definitions for legal terms
Read a random definition: cross-collateral clause
A frank-tenement is a type of land ownership where the owner has complete control over the property and can pass it down to their heirs. It is also known as a freehold. This type of ownership is different from a leasehold, where the owner only has the right to use the property for a limited time. In the past, some people tried to create a perpetual freehold, which would keep the land in their family forever, but this was not allowed by the courts.
Definition: A free tenement; a freehold. This term described both the tenure and the estate. Also spelled franktenement. See FREEHOLD.
Freehold: An estate in land held in fee simple, in fee tail, or for term of life; any real-property interest that is or may become possessory.
Examples:
The examples illustrate different types of freehold estates. A determinable freehold is an estate that can be terminated if a certain condition is met. A movable freehold is a type of estate that changes as the water level changes. A perpetual freehold is an estate that is given to a grantee for life and then passed down to their heirs for life, keeping the land within the family for generations.