Free And Clear Legal Meaning and Definition

Here is a simplified definition of the legal term Free And Clear.

Free And Clear (adjective)

The legal term "Free And Clear" refers to a state of property ownership that is without any debts, encumbrances, liens, or legal obligations. Essentially, it means that the property owner fully owns the property with no limitations or claims from any other parties. It indicates that the title on the property is clear, and it can be used freely in property transactions without risk of outstanding debts or charges.