Freehold Estates are ownership estates granting individuals full rights to their property, contrasting with feudal land control systems.
Freehold Estates refer to ownership estates where individuals have full ownership rights, including the right to transfer the property to heirs or sell it. This system contrasts with feudal systems where land control was concentrated among nobility and serfs.
In the fee simple system, freehold estates embody a set of rights referred to as a 'bundle of rights,' allowing owners the freedom to enjoy and dispose of the property as they choose.
Ownership of residential properties, land, and other assets is a key feature of freehold estates, granting individuals autonomy and control over their real property.
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