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Freehold estate, in short, is a type of ownership where you have exclusive rights to the property for an undefined or indefinite length of time. <\/b><\/p>
In other words, it is an “immovable” asset in that you have a certain amount of interest. <\/b><\/p>
Since freehold estates are forever (meaning the estate can last for your lifetime or after death), they are also referred to as the estate of inheritance. <\/b><\/p>
This means that the ownership of the property will be transferred to the original holder\u2019s living descendants based on a will or laws. <\/b><\/p>
In some cases, a freehold estate can be called an “estate with no inheritance” as the ownership rights may only exist as long as the original holder is alive.<\/b><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t