What is the main difference between freehold and leasehold ownership of land in England and Wales?
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A
Freehold is temporary; leasehold is permanent
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B
Freehold ownership is permanent and absolute; leasehold gives a right to occupy for a fixed term subject to conditions
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C
Leasehold is more valuable than freehold in all circumstances
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D
Freehold cannot be mortgaged; leasehold can