Having two freeholds in the same property typically means that the property has been "split" into separate titles, where each freehold title is a separate, independently registered property. This can occur when a large building is converted into multiple units, with each unit receiving its own freehold title and sometimes also a leasehold title for its specific space. Another possibility is that one person owns the entire property (the freehold) but also has a separate lease for a part of it, perhaps due to a past transaction or a complex arrangement.