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LSDefine

Simple English definitions for legal terms

freehold estate

Read a random definition: si malitia suppleat aetatem

A quick definition of freehold estate:

A freehold estate is a type of ownership that lasts forever. Some freehold estates can be passed down to family members after the owner dies, while others only last for the owner's lifetime. This is different from a nonfreehold estate, which has a set end date.

A more thorough explanation:

Freehold Estate

A freehold estate is a type of property ownership that lasts forever. This means that the owner has the right to use and enjoy the property for as long as they live. There are two types of freehold estates:

  • Fee Simple Absolute: This type of freehold estate lasts forever and can be passed down to the owner's heirs after they die.
  • Life Estate: This type of freehold estate lasts only for the lifetime of the owner. After the owner dies, the property goes to someone else.

Freehold estates are different from nonfreehold estates, which are temporary and do not give the owner full ownership rights.

Example 1: John owns a house in fee simple absolute. This means that he can live in the house for as long as he wants, and when he dies, the house will go to his children.

Example 2: Mary owns a life estate in a farm. She can live on the farm for the rest of her life, but when she dies, the farm will go to her nephew.

These examples illustrate the definition of freehold estate because they show how the ownership of the property lasts forever. In the first example, John's ownership of the house will pass down to his children after he dies. In the second example, Mary's ownership of the farm will end when she dies, but it will pass down to her nephew. Both examples show how freehold estates can be passed down to heirs after the owner dies.

freehold | freelancer

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[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
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