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freehold n. any interest in real property which is a life estate or of uncertain or undetermined duration (having no stated end), as distinguished from a leasehold which may have declining value toward the end of a long-term lease (such as the 99-year variety).
The People's Law Dictionary by Gerald and Kathleen Hill
There is also a Freehold, New York. It is in Greenville Town in Greene County, and sits at the intersection of State Route 32 and County Route 67. Mcgeedo (talk) 01:54, 18 April 2008 (UTC)
- You know this actually isn't comprehensible English (legalese in first half of post above). Please keep in mind that Wikipedia is not a Bar Association luncheon. Cliffswallow-vaulting (talk) 15:55, 24 March 2014 (UTC)