A "Freehold" is a type of property ownership where the owner has full rights to the land and any buildings on it. This means the owner can use, sell, or lease the property without any time limit. Freehold ownership is often considered more secure compared to other types of ownership, such as leasehold. In many countries, freehold properties are highly sought after because they provide greater control and flexibility. Owners of freehold properties are responsible for maintenance and taxes, but they enjoy the freedom to make decisions about their property without needing permission from a landlord or governing body.