In the context of property tenure (such as leasehold land where a tenant owns a building but leases the underlying ground), the freeholder (landlord) generally holds no legal obligation to sell the freehold interest to the leaseholder unless a specific statutory right or prior contractual agreement (such as a right of first refusal) is embedded in the original lease contract. Freeholders are entirely within their legal rights to refuse buyout offers or quote commercial market prices that leaseholders may find financially prohibitive.
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