Moneyextra.com Dictionary
Moneyextra.com - Dictionary
Freehold
Freehold is the legal right to hold landproperty as the absolute outright owner free of payment or any other duty owed to another party.
As a freeholder you can then offer to rent your landproperty to parties with whom youll have a legal agreement. In other words you may create leaseholders.
Most houses are sold as freehold properties but most flats are sold on a leasehold basis.
See also flying freehold.
Moneyextra.com recommends you take independent financial advice before acting on any article
Back
2009-03-09 15:47:32 © Moneyextra.com
Treating Customers Fairly
Dictionary
- Fee Based Independent Financial Advisors IFAs
- Approved Pension Schemes
- Taxation of Dividend Income
- Non-Contributory Pension
- State Earning Related Pension Scheme SERPS
- Funded unapproved pension schemes FURBS
- Personal Allowance
- Pay-As-You-Earn PAYE
- Consumer Price Index CPI
- Market maker