A freehold , in common law jurisdictions such as England and Wales , Australia , Canada , Ireland , and twenty states in the United States , is the common mode of ownership of real property , or land, and all immovable structures attached to such land.
18-805: (Redirected from Freeholds ) [REDACTED] Look up Freehold in Wiktionary, the free dictionary. Freehold may refer to: In real estate [ edit ] Freehold (law) , the tenure of property in fee simple Customary freehold , a form of feudal tenure of land in England Parson's freehold , where a Church of England rector or vicar of holds title to benefice property Places [ edit ] Freehold, Greater Manchester , an area of Oldham, in North West England Freehold Metrolink station ,
36-985: A Church of England rector or vicar of holds title to benefice property Places [ edit ] Freehold, Greater Manchester , an area of Oldham, in North West England Freehold Metrolink station , a light rail stop in Greater Manchester, England Freehold, a Victorian terraced area in the north east of Lancaster, Lancashire , England Freehold, New Jersey (disambiguation) Freehold Borough, New Jersey , United States Freehold Township, New Jersey , United States Freehold, New York , United States Freehold Township, Warren County, Pennsylvania , United States In fiction [ edit ] Farnham's Freehold , 1965 science fiction novel by Robert A. Heinlein Freehold (novel) , 2004 science fiction novel by Michael Z. Williamson Other [ edit ] USS Freehold (SP-347) ,
54-643: A United States Navy minesweeper and tug in commission from 1917 to 1919 Freehold Stakes , an American Thoroughbred horse race Freehold, Iowa , fictional town Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Freehold . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Freehold&oldid=1180081198 " Categories : Disambiguation pages Place name disambiguation pages Hidden categories: Short description
72-643: A United States Navy minesweeper and tug in commission from 1917 to 1919 Freehold Stakes , an American Thoroughbred horse race Freehold, Iowa , fictional town Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Freehold . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Freehold&oldid=1180081198 " Categories : Disambiguation pages Place name disambiguation pages Hidden categories: Short description
90-565: A leasehold) could quite easily be acquired by squatting before the Land Registration Act 2002 . Since its passage such rights are dominated by precisely fixing on the line of neighbouring plots in mutual-boundary disputes, after 12 years without formal contest. This is as there is otherwise a requirement to put the previous legal owner on written notice – which must have been received, or deemed received such as by recorded delivery, and be given fair opportunity to object. It
108-652: A light rail stop in Greater Manchester, England Freehold, a Victorian terraced area in the north east of Lancaster, Lancashire , England Freehold, New Jersey (disambiguation) Freehold Borough, New Jersey , United States Freehold Township, New Jersey , United States Freehold, New York , United States Freehold Township, Warren County, Pennsylvania , United States In fiction [ edit ] Farnham's Freehold , 1965 science fiction novel by Robert A. Heinlein Freehold (novel) , 2004 science fiction novel by Michael Z. Williamson Other [ edit ] USS Freehold (SP-347) ,
126-459: A mortgage or other secured lender, under the Land Registration Act 2002 . Trustees are bound by the terms of the trust, but the strict rules and maxims of equity and by any decision formally made by all of the adult beneficiaries . Inequities the Trusts of Land and Appointment of Trustees Act 1996 (TLATA) resolved included the fact that it was hard to establish a trust without it coming under
144-467: Is also more easily applicable to unregistered land, which is the status of a tiny number of parcels of non-agricultural freehold land in England. More than one legal owner means the land is deemed to be on trust. This doctrine is designed to bind the parties to act fairly to each other in the eyes of the law of equity . In default of other provision, such as mention of a trust deed, or background facts,
162-460: Is different from Wikidata All article disambiguation pages All disambiguation pages Freehold [REDACTED] Look up Freehold in Wiktionary, the free dictionary. Freehold may refer to: In real estate [ edit ] Freehold (law) , the tenure of property in fee simple Customary freehold , a form of feudal tenure of land in England Parson's freehold , where
180-502: Is different from Wikidata All article disambiguation pages All disambiguation pages Freehold (law) It is in contrast to a leasehold , in which the property reverts to the owner of the land after the lease period expires or otherwise lawfully terminates. For an estate to be a freehold, it must possess two qualities: immobility (property must be land or some interest issuing out of or annexed to land) and ownership of it must be forever ("of an indeterminate duration"). If
198-524: The auspices of the Settled Land Act 1925 . That earlier Act brought a range of problems. In particular, the co-owners of property were regarded as having beneficial interests in money and not in the land. Problems arose where partners disagreed over when they wanted to sell a property – usually in the case of separation. This led to situations where spouses and children could find themselves removed from their customary home inequitably. One of
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#1732787445169216-412: The beneficiaries will be deemed to be the trustees (those named on the registered title) themselves. If a trustee dies then the statutory trustees take their place, or those appointed by a probated Will. Similarly if a company is wound up then the right to act as the trustee and be registered as a legal trustee vests in the liquidator. As regards third parties interesting in lending against or purchasing
234-500: The body " or "heirs of the blood"). There were also freehold estates not of inheritance, such as an estate for life and copyhold was promoted into freehold by the Act. All estates can be subject to payments to an influential prior owner – or land management person or body for multi-property (communal) benefit (estate rentcharges). The most viable form is the form for a neutral or pre-agreed source to collect communal benefit payments,
252-437: The estate rentcharge . Either type is usually protected by registering the deed of rentcharge against the land. They can be extinguished by a compensation-based statutory procedure, which removes the regular administrative burden on both parties. Estate rentcharges are potentially subject to abuse, known as " fleecehold ". Any existing rentcharges other than estate rentcharges will be extinguished on 22 August 2037. Should
270-428: The land the general doctrine helping them is the bona fide purchaser without actual nor constructive notice doctrine. This is however subject to all of the prudent surveyors, conveyancer's and physical checks having been carried out well which is formulated in the countering doctrine of caveat emptor (buyer beware). A beneficiary in patent actual possession can still enjoy rights as against a purchaser, or more commonly
288-515: The owner be guaranteed to benefit or wish to benefit from a communal infrastructure that requires maintenance, not funded by taxation, then Halsall v Brizell (regarding an estuary wall) and Re Ellenborough Park (regarding a communal garden) confirm that in those circumstances positive covenants run with freehold land. This means active duties to pay can exist – in very closely analogous cases – but are otherwise generally void as to freeholds. Freeholds (rather leaseholds if subject to
306-453: The time of ownership can be fixed and determined, it cannot be a freehold. It is "An estate in land held in fee simple , fee tail or for term of life." The default position subset is the perpetual freehold , which is "an estate given to a grantee for life, and then successively to the grantee's heirs for life." In England and Wales, before the Law of Property Act 1925 , the default position
324-416: Was of a freehold transferable to the owner's " heirs and assigns " (successors by inheritance, or purchase/gift, respectively). Those three words were often included in a conveyance to stress fee simple status. A fee simple estate. A fee tail estate describes when transfer (by inheritance or otherwise) was limited to lineal descendants of the first person to whom the estate was given (known as " heirs of
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