(n.) An estate in real property, of inheritance (in fee simple or fee tail) or for life; or the tenure by which such estate is held.
Example Sentences:
(1) However, few new commonhold flats are being built, as developers do not have the incentive of profiting from the freehold.
(2) It has enabled the Tories to buy back the freehold of the building, which they had sold off to cut their debts, giving them an opportunity to develop the listed property to raise cash.
(3) The declaration is not a cure-all, he adds, but can include things such as stipulating that the share of freehold relating to each flat is transferred when each one is sold and that the other joint owners agree to co-operate in transferring the freehold on sale.
(4) But Southern Cross is now struggling to meet a huge rent bill because it offloaded freeholds to raise cash during the boom years.
(5) The freehold was only shared with the owners of one other flat, so it seemed like a great arrangement.
(6) His first step was to bring the residents together so he could bring a leasehold valuation tribunal (LVT) case against the freeholder and property manager.
(7) No Freeman shall be taken or imprisoned, or be disseised of his Freehold, or Liberties, or free Customs, or be outlawed, or exiled, or any other wise destroyed; nor will We not pass upon him, nor condemn him, but by lawful judgment of his Peers, or by the Law of the land.
(8) There are things you could – and should – do before you buy a share of freehold property.
(9) "Where the building contains only a few flats it is not always appropriate to form a company to share the freehold.
(10) Because of the problems it has seen relating to share of freehold, the advisory service has issued advice to people buying this type of property to consider a declaration of trust.
(11) It also left £65m of cash in the business, later increased to £74m, as well as about £100m of freehold and long leaseholds.
(12) Sir Ken always maintained that Morrisons should keep hold of the freeholds on its properties and fought to limit debt – even during the company's buyout of Safeway.
(13) Under this arrangement, upkeep of all the common areas will be the responsibility of the shared freeholders, who can either arrange the work themselves or employ a managing agent.
(14) If an emirate’s sovereign wealth fund were to pop up with a £20bn offer for the Palace of Westminster’s freehold, promising a leaseback to parliament after a lavish refurbishment that closed it for half-a-dozen years, who can say that this wouldn’t be welcomed by a British government as yet more evidence that “UK plc is open for business”?
(15) T'would be amusing if it were to happen while the freeholder of this blog Marcus Christenson, the crown prince of Sweden, was on holiday.
(16) When Debenhams was taken over by private equity in the boom years of the noughties, its executives sold off freehold properties, cut costs, and loaded the business with £1bn in debt, before trebling their money by floating it on the Stock Exchange.
(17) Channel 4 currently has £200m in reserves as well as a £250m unused borrowing facility, as well as the freehold on its central London headquarters, which could bring in a further £50m.
(18) In the case of “foundation” schools – schools whose ownership is in the hands of a trust – switching to academy status entails a direct transfer of freehold from the trust to the new sponsors.
(19) The lending criteria of one unnamed major bank, sent to brokers, says the following are excluded: “Studio flats, freehold flats, flats with unacceptable access arrangements (eg rear external staircases), flats converted from former office blocks or flats within blocks where our valuer reports inadequate maintenance of communal areas, ex-local authority or ex-public sector flats that are greater than four storeys high or that have open decking access.” Anecdotally, there is evidence that some lenders are also becoming nervous about expensive one-bedroom flats in London, limiting the maximum mortgage to £500,000.
(20) He already holds the cheaply bought freehold of the Croydon building so the shop does not need to be that profitable to give him a healthy return.
Udal
Definition:
(n.) In Shetland and Orkney, a freehold; property held by udal, or allodial, right.
(a.) Allodial; -- a term used in Finland, Shetland, and Orkney. See Allodial.
Example Sentences:
(1) Udall argued that the cover-up has continued until recently, pointing to discrepancies between evidence the CIA gave to Congress and an internal report by the former defense secretary Leon Panetta.
(2) Citing the razor-thin margin by which the NSA's bulk phone-records collection survived a vote last week in the House of Representatives , Wyden and Udall vowed to continue their push to curtail the programme.
(3) Earlier this week Udall released a statement saying he was "deeply disappointed" that Brennan "was unprepared to discuss the Intelligence Committee's recent report on the CIA's Detention and Interrogation Program" in a private meeting.
(4) Wyden and Udall have been thorns in the side of the intelligence community, using their position on the committee, which permits them privileged access to classified briefings, to repeatedly challenge senior officials on the accuracy of their public testimony.
(5) Udall barely mentioned government surveillance on the campaign trail, choosing instead to mount a singular focus on female voters, rarely straying from two topics : contraception and abortion.
(6) With a tone at points mournful and angry, Udall, who lost his re-election last month, said “the CIA has lied to its overseers and the public”, and blasted the White House for not holding anyone “to account”.
(7) One of the Democratic Senators who is in jeopardy of losing his seat on Tuesday is Colorado’s Mark Udall, who – along with Oregon’s Ron Wyden – has been one of the only voices of accountability on this committee of rubber-stamp wielders.
(8) It may be "more convenient" for the NSA to conduct a phone-records dragnet, Udall said, but "convenience alone cannot justify" the effort.
(9) Facebook Twitter Pinterest Democratic senator Mark Udall has fallen behind Gardner in polls.
(10) Udall and Wyden would almost certainly get kicked off the intelligence committee and lose all their clearances if they were to read the still-up-for-review truth about Bush-era atrocities out loud.
(11) Democrats are seeking to repeat history and have optimistically noted a surge in ballots from young and first-time voters that could upend a Republican advantage and tip the election in Udall’s favour.
(12) Unfortunately, the compensatory stories that the Democrats tell themselves the morning after a loss this monumentally headache-enducing sound exactly like the problems Mark Udall faced.
(13) He has not donated directly to Udall’s campaign this cycle, though he did contribute to Udall’s initial run for the Senate in 2008.
(14) In Colorado, the National Republican Senatorial Committee released a video called “The Mark Udall Dynasty” that spoofs the opening credits of the hit 1980s TV show Dynasty as the narrator says: “Wealthy, comfortable and established.
(15) "The executive branch has now confirmed that the rules, regulations and court-imposed standards for protecting the privacy of Americans' have been violated thousands of times each year," said senators Ron Wyden and Mark Udall, two leading critics of bulk surveillance, who responded Friday to a Washington Post story based on documents provided by whistleblower Edward Snowden.
(16) The ability of the NSA to track such data by country appeared to undermine assurances given to Wyden and his committee colleague, Mark Udall, that the NSA was unable to even estimate how many Americans its surveillance dragnets had swallowed up.
(17) "Sen Udall hopes he and his colleagues get specific answers out of Gen Alexander on what appears to be a discrepancy between what he told the appropriations committee yesterday [Wednesday] and the information previously provided to the intelligence committee."
(18) Senate intelligence committee members Ron Wyden and Mark Udall were particularly angered by evidence provided by Snowden that Congress had been kept in the dark about the proliferation of the surveillance state.
(19) [The CIA] knowingly provided inaccurate information to the committee in the present day, which is a serious offence and a deeply troubling matter for the committee, the Congress, the White House and our country,” said Udall.
(20) But Udall did publicly reveal, in outline, a secret and hotly disputed historical examination of CIA torture by ex-CIA director Leon Panetta, which has come to be known as the “Panetta review”.