Freehold title comprises three estates as follows:

Fee simple

Where the purchaser of land is regarded as the absolute owner of a property. A fee simple title-holder is free to dispose of their title during their lifetime or to bequeath it to someone in their will. Should the title-holder die intestate without leaving a will and without a next of kin, the ownership will revert to the crown (State).

Fee tail

Where the purchaser of land is regarded as the absolute owner of a property, but where the title can only be passed down to a specified class of descendant, for example the first-born son. This means that when no members of the specified class of persons exist, ownership will revert to the crown.

Life estate

This title cannot be passed down to anyone. A life estate grants holders a right to possession of land for the life of the tenant and on their death the title will automatically revert back to the crown. Even while buying freehold, it is important to check whether there are any tenants and what their rights might be.