WebSep 26, 2024 · An asset is unencumbered when it is clear of any debt, liens, or claims. Conversely, when a property is encumbered, it means it is not free of financial liability or debt. An asset may be encumbered if it is subject to any legal claim, such as when it is pleged as collateral for a loan, when it is the subject a legal action ( lis pendens filed ... WebUnencumbered Total Asset Value as of any date means the sum of (1) those Undepreciated Real Estate Assets not encumbered by any mortgage, lien, charge, pledge or security interest and (2) all of Issuer’s and its Subsidiaries’ other assets on a consolidated basis determined in accordance with generally accepted accounting principles (but ...
Uncumbered Definition & Meaning - Merriam-Webster
WebDefinition of Unencumbered. free of to move forward or advance. Examples of Unencumbered in a sentence. Because she had her official transcripts, the woman was unencumbered to move on to any college she wanted. 🔊. The program’s funds were unencumbered and the director was able to spend the money on anything that was … WebUnencumbered. Describing the title of a property where there are no competing claims, liens, or anything else that would hinder its transfer. That is, if a property has undisputed … newlin cemetery singer la
Unencumbered Assets: Overview of Free and Clear Assets
Webunencumbered definition: 1. without something making it difficult for you to do something: 2. without something making it…. Learn more. WebDefinitions on the go. Look up any word in the dictionary offline, anytime, anywhere with the Oxford Advanced Learner’s Dictionary app. (law) (of property) not having any debts left … WebDescribing the title of a property where there are no competing claims, liens, or anything else that would hinder its transfer.That is, if a property has undisputed ownership, its owner is said to be unencumbered. An owner with unencumbered property may sell the property without any legal difficulties. Generally speaking, a real estate broker researches a … newlin chiropractic