UNENCUMBERED PROPERTY

Mortgage Knowledge Base
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A property is said to be unencumbered if there are no loans or mortgages secured against it.

Unencumbered property refers to a property that is free from any legal or financial liabilities or obligations. In other words, it is a property that is not subject to any mortgages, liens, or other encumbrances that could affect its ownership or value. You own 100% outright.

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