freeholder
Word family
Synonym discussion
Sense: noun/1
A freeholder owns a property and the land it sits on permanently, with no time limit. A leaseholder owns the right to live in or use a property for a fixed period (often 99 or 125 years) and usually pays ground rent to the freeholder. A landlord is whoever rents a property out to others; a landlord may be a freeholder of the whole building or merely a leaseholder of one flat within it. A tenant has no ownership at all — only the right to live there while the rent is paid. So Linh might be the freeholder of a Victorian house, lease one flat to Omar as a leaseholder, while Omar rents a spare room to Élise as his tenant.
Common collocations
Etymology
Formed from 'freehold' + '-er'. 'Freehold' combines Old English 'freo' (free, not bound) and 'hold' (possession, grip), reflecting medieval English property law where holding land 'freely' meant owning it outright rather than as a tenant of a feudal lord.