What type of ownership does not have a specified ending date?

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Freehold ownership is characterized by its indefinite duration. In this type of ownership, the owner has the right to possess the property for an unlimited period, which distinguishes it from leasehold ownership that typically has a fixed term. Freehold ownership allows for the highest degree of interest in real property, encompassing the rights to use, enjoy, and transfer the property as one sees fit, subject to applicable laws and regulations.

In contrast, leasehold ownership is only for a designated period, and temporary ownership refers to a similar concept where rights are confined to a specific timeframe. Non-ownership does not apply since it denotes a lack of ownership rights altogether. Freehold ownership, therefore, stands out as the type of property interest that does not carry a specified ending date.

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