The Epic Details Between Freehold Premises and Leasehold Premises

What are Freehold Premises and Leasehold Premises?
Freehold Property Meaning
The owner of such a freehold property has the right to use it for whatever purpose he or she wants, as long as the restrictions in the area where the freehold is located are followed.
Freehold premises are owned in perpetuity, and the owner has complete control over the structure (with the required municipal permissions).
The owner of a freehold property can sell it without the approval of the state or others.
The freehold property owner might leave it in his or her will, transfer it, gift it, or donate it.
The owner’s heirs have the right to inherit freehold premises.
The freehold property can be leased by the owner.