Webunencumbered / ( ˌʌnɪnˈkʌmbəd) / adjective not burdened, impeded, or hampered Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & … Unencumbered refers to an asset or property that is free and clear of any encumbrances, such as creditor claims or liens. An unencumbered asset is much easier to sell or transfer than one with an encumbrance. Examples of common unencumbered assets are houses free from mortgages and other … See more Creditors do not have claims to unencumbered assets as there are no associated debts. As a result, these assets are the full property of the person(s) listed as the owner(s) in an official capacity, such as on a title or … See more Unencumbered assets are easier to transfer because only the property owner, acting as the seller, and the party interested in purchasing the property, acting as the buyer … See more In most bankruptcy proceedings involving liquidations, encumbered assets are first considered the property of those holding rights to the property … See more
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UNENCUMBERED English meaning - Cambridge Dictionary
Web31 Dec 2011 · Examples of Unencumbered Land in a sentence. Issuance of Right-of-Entry Permit to Olowalu Elua Associates LLC for Clean-up and Maintenance Purposes of State Unencumbered Land within the Olowalu Beach Reserve at Olowalu, Lāhainā, Maui, Tax Map Key: (2) 4-8-003:003.. At least once a year, review its own performance and terms of … WebAn unencumbered mortgage is a type of mortgage that you take out on a property that you own outright. This could be because you’ve paid off your existing mortgage in full, you … Weba pool of the Fund’s unencumbered assets (each a “UAP Facility”). While loan availability under UAP Facilities is most often based on the value of a Fund’s unencumbered real properties, recently we have seen unencumbered private equity assets serve as a basis of loan availability in an increasing number of transactions. is brown rice whole 30 approved