This blog will address Freehold Estates.Īny interest in real property that lasts for at least a lifetime is classified as a Freehold estate. Under English common law, there are two categories of estates Freehold Estate and Nonfreehold Estates. An “estate” in real property bestows more rights than does a mere “interest” in real property.Ī person who has an estate in real property has the right to possess the property, whereas a person who only has an interest in property, such as an easement, has the right to use the property but not to possess or own it. Freehold Estates – Critical Content You MUST KnowĪn estate is the present or future degree, nature and extent of INTEREST that a person has in real property.
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