Unencumbered


Definition of "Unencumbered"

Amos Allen
  Xtreme Realty Team

Real property that is without any obligations, liens, or anything else against it. It is free and clear such as a house without mortgage.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Exclusions Of Policy

Same as term Exclusions: provision in an insurance policy that indicates what is denied coverage. Fo ...

Fireproof

Materials that are inherently noncombustible, are widely used in constructing exterior surfaces and ...

Accrue

To accumulate. For example, under one of the dividend options of a participating life insurance poli ...

Residual Disability

Inability to perform one or more important daily business duties, or inability to perform the usual ...

Contract Date

Date of issue of the policy. ...

Uniform Forms

Widely accepted standard policy forms that have been developed by various rating bureaus or insuranc ...

Related Real Estate FAQ

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

What Is A Loan Origination Fee?

A loan origination fee is a fee charged by the lender-usually 1 percent of the loan amount. ...

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on t ...

What Will My ARM Loan Payment Be ?

RealEstateAgent.com calculator will compute your initial payments and estimate your future payments. ...

What Is A Quit Claim Deed?

A quit claim deed is a formal document that denies a claim to a certain property. Often used to clea ...

What Is An Appraised Value?

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

5 U.S. Cities with the Best Public Transportation Is it better to buy or sell a home first How To Sell Your Home Real Estate Open House - The Dos and Don Build or Buy? That’s the Big Question

FAQ

What is comprehensive homeowners insurance? What if the computer I want to insure is homemade or custom-built? What is earnest money? What is an agent? If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee?