A possessory interest in real property of
uncertain (and often unlimited) duration; an
ownership estate in real property; either a fee
simple or a life estate. Holder of freehold estate
has title. Compare: Leasehold Estate.
Merriam-Webster Online Dictionaryfreehold
a tenure of real property by which an estate in fee simple or fee tail or an estate for life is held , also an estate held by such tenure - compare fee 1
British an estate held in fee simple