Simple English definitions for legal terms
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A nonfreehold estate is a type of property ownership that only allows a person to have possession of the property, but not the right or title to own it. This is different from a freehold estate, which grants both possession and ownership rights.
A nonfreehold estate is a type of property ownership that only grants possession of the property, but not the right or title to hold the property. This is different from a freehold estate, which grants both possession and ownership rights.
Examples of nonfreehold estates include:
These examples illustrate the definition of nonfreehold estate because they all involve possession of property without ownership rights. In a leasehold estate, for example, the tenant has possession of the property for a set period of time, but the landlord retains ownership rights. Similarly, in an easement, the person has the right to use a portion of someone else's property, but does not own the property.