What type of ownership is reflected by possessing a title to a property?

Freehold ownership is characterized by holding the title to a property indefinitely, which means the owner has the highest level of ownership interest in the property. This type of ownership grants the individual complete rights to possess, use, and transfer the property. It encompasses a variety of rights, including the ability to sell, lease, or develop the property, and it remains with the owner until they choose to sell it or pass it on to heirs.

In contrast, leasehold ownership typically involves a fixed-term lease agreement where the lessee holds rights to use the property but does not own the title. Joint tenancy and tenancy in common both relate to multiple owners sharing an interest in a property, but they do not provide individual ownership of the entire property title in the way that freehold does. Therefore, holding a title directly indicates a freehold ownership interest.