Freehold

Permanent and absolute ownership of land or buildings.

In some cases, the owner of a freehold (the freeholder) may choose to lease the property to a tenant.

See also

• Assets
• Contract
• Contract hire
• Contract purchase
• Dry
• Finance lease
• FLA
• Hire purchase
• Ijara
• Leasehold
• Lessee
• Lessor
• Operating lease
• Sale and leaseback
• Tenant
• Tenure
• Wet

Other links

• Students: A lesson on leases, The Treasurer, April 2013

With lease accounting exam questions, the hard marks tend to be scored while easier marks are often missed.

This article explains how to pick up points painlessly.