What does Passive Freehold mean?

Answer 1

==One Answer== "Freehold" is the term used for the private ownership of land in Australia. Most land in Australia is owned by the government with only about 15% being privately owned. The remaining small portion is aboriginal land, approximately 13%. The government owned land is occupied by people or corporations that hold leasehold interests on huge tracts that may include thousands or millions of acres. "Passive freehold" would describe an arrangement such as the purchase in fee of a privately owned commercial property (such as a hotel) that is already built, already in an active, ongoing business and under management that will remain in place after your purchase of the property. You would be the owner but would not take any active role in the day to day management of the property or activities of the business. You would take on a passive role as the owner of the property, i.e., passive freehold.