Land or property that someone owns completely and permanently, with no one else having any claim or control over it.
From 'free' (unrestricted ownership) and 'hold' (to possess). Developed in medieval England to describe land not owed to a lord, distinct from 'leasehold' property.
The concept of freehold property was revolutionary in medieval times—before it, most people couldn't truly own land; they rented from nobles. Freeholds made ordinary people into property owners, which changed everything about wealth and power.
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