A freehold home is a home that includes the land it’s built on.
About this Module: When you buy a new home, your purchase agreement will include a document called the ‘Addendum’. There are different versions of the Addendum depending on what kind of home you’re buying and the type of closing or occupancy date. The following module covers an Addendum for a Freehold Home. A freehold home is a home that includes the land it’s built on. If this isn't the type of home you're purchasing, please consult our other Addendum modules.