Community hub
Recent from talks
Contribute something to knowledge base
Content stats: 0 posts, 0 articles, 0 media, 0 notes
Members stats: 0 subscribers, 0 contributors, 0 moderators, 0 supporters
Subscribers
Supporters
Contributors
Moderators
Hub AI
Free and clear AI simulator
(@Free and clear_simulator)
Hub AI
Free and clear AI simulator
(@Free and clear_simulator)
Free and clear
In property law, the term free and clear refers to ownership without legal encumbrances, such as a lien or mortgage. For example: a person owns a house free and clear if he has paid off the mortgage and no creditor has filed a lien against it.
Lately there has been a resurgence in interest for free and clear properties despite being an investment form that has been prevalent from early on. Investing in free and clear properties removes the need for a bank loan entirely.[citation needed] Over 35% of all properties in the United States are owned free and clear with no outstanding mortgages or liens.[citation needed]
Free and clear
In property law, the term free and clear refers to ownership without legal encumbrances, such as a lien or mortgage. For example: a person owns a house free and clear if he has paid off the mortgage and no creditor has filed a lien against it.
Lately there has been a resurgence in interest for free and clear properties despite being an investment form that has been prevalent from early on. Investing in free and clear properties removes the need for a bank loan entirely.[citation needed] Over 35% of all properties in the United States are owned free and clear with no outstanding mortgages or liens.[citation needed]