What is Free Hold Land?

Definition: Freehold property can be defined as any estate which is "free from hold" of any entity besides the owner. Hence, the owner of such an estate enjoys free ownership for perpetuity and can use the land for any purposes however in accordance with local regulations. The sale of a freehold property does not require consent from the state and hence requires less paperwork, thus, making it more expensive than leasehold property.

Description: Freehold property is inheritable and there are no restrictions on the right of the property owner to further transfer the property. In a freehold property, there is no encumbrance of the absolute title of the property. A freehold is not akin to a condominium wherein the owner of the individual unit pays a maintenance charge. Freehold property can be inherited by a legal guardian. A freehold property can be transferred by registration of a sale deed.  

Source:https://economictimes.indiatimes.com/definition/freehold-property