Tag: what is freehold ownership

How often do you hear the term “allodial freehold?” or “allodial title”? Almost never, right? Most property ownership nowadays is “fee simple.” The real estate term ‘fee simple’ describes a landowner’s complete and total ownership of a piece of land and all properties on it. ‘Fee simple’ falls under the umbrella of “freehold” real estate. What is Freehold Ownership?…