All of the debts have been satisfied for a given property

A property with no mortgage liability placed on it.

Real estate that is owned without a mortgage or any other liens against it.

Indicates that the title to land or other property being transferred is not encumbered (liened).

In real estate the term is used to indicate that the investment analysis has ignored any debt on the property. (Debt can distort the analysis by increasing the return if the interest rate is lower than the rate of return on property and vice versa if the interest rate is higher.)

Title, or ownership, of real property that is completely free of an encumbrance, such as mortgages, liens and so forth.

The ownership of property whereby there are no financing liens attached to the property.

Free means a freehold estate, and in this expression it means a fee title. Clear means there are no money encumbrances against the property. Generally used to refer to a property free of mortgage debt.

Real property against which there are no liens, especially voluntary liens.

This is a term used for a property which does not have any liens or debts recorded on title. That means the owner does not have a mortgage.

A description of title to property which is unencumbered and subject to no competing claims.

Ownership of property where it is free from all debts. G - L

A property that has no liens.

Title to property which is unencumbered by any mortgages or other liens.

This means the property is completely paid for and has no liens attached.

Free and Clear reers to a title which is free of liens and legal questions to the ownership of a real estate property.

Title to real property that is unencumbered by liens.

when a property is completely paid and has no liens attached.

A slang phrase describing the situation of someone when he or she gains outright ownership of an asset, such as when it is completely paid off and no creditor has a claim on the property. ;