freehold (vs. leasehold) - pilnīgas īpašumtiesības
title - īpašumtiesības (kā dokuments - kaut kas līdzīgs (Latvijas ekvivalents) zemesgrāmatu apliecībai)
asset - vai tiešām vērtība? nevarētu būt tomēr "līdzekļi"?
zemāk "freehold title" definīcija angļu valodā, bet cik man pašai ir nācies saskarties ar freehold estates, tad tas vienkārši norāda uz to, ka konkrētai personai pieder visas tiesības uz īpašuma izmantošanu (ja vien nav kādi valsts vai citi liegumi, covenants and restrictions and similar)

http://en.wikipedia.org/wiki/Freehold_(real_property)
http://en.wikipedia.org/wiki/Allodial_title
http://en.wikipedia.org/wiki/Leasehold

Fee simple (freehold) ownership represents absolute ownership of real property but it is limited by the four basic government powers of taxation, eminent domain, police power, and escheat and could also be limited by certain encumberances or a condition in the deed.
In English common law theory, the Crown has radical title or the allodium of all land in England, meaning that it is the ultimate "owner" of all land. However the Crown can grant an abstract entity—called an estate in land—which is what is owned. The fee simple estate is also called "estate in fee simple" or "fee-simple title" and sometimes simply freehold in England and Wales.

Viss ir diezgan vienkārši
Tas cilvēks ir mantojis neksutamo īpašumu un tas viņam pieder.

Latviski nav precīzu ekvivalantu freehold and leasehold.
Taču novienkāršojot var teikt īpašumtiesības un lietošanas tiesības (piemēram, noma uz 99 gadiem)
Title nav nekas cits kā tiesības