unmortgaged


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unmortgaged

(ʌnˈmɔːɡɪdʒd)
adj
(esp of a title to property) free from any encumbrance or limitation that presents a question of fact or law
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.unmortgaged - (especially of a title) free from any encumbrance or limitation that presents a question of fact or law; "I have clear title to this property"
unencumbered - free of encumbrance; "inherited an unencumbered estate"
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References in periodicals archive ?
But if a property is unmortgaged, vacant at the time of possession, high value and the seller is living abroad and wants a speedy completion, these are all red flags and should require due diligence.
It primarily provides credits to corporate customers, especially small and micro enterprises, with a relatively small loan limit and symmetric information and suited for standardization, as well as unmortgaged, unsecured online personal consumer credits, allowing customers to experience accessing loans by pressing one button, regardless of regional or time differences.
The many elderly city residents who are living in unmortgaged residences pay property taxes that represent a significant portion of their incomes; that is especially true for individuals whose incomes are limited to Social Security benefits.
Prosecutor Frances Willmott said that a bid would be made to recover the overpayment, probably through the sale of his unmortgaged house, which has been valued at PS78,000.
A Stamp duty land tax is not payable on gifts of unmortgaged property.
Funding for a legal challenge was refused partly on the basis that one of the bereaved had an unmortgaged property which could go towards the costs.
But for the many households with little or no initial debt, the collateral effects will also have been small (since they already had substantial equity before the boom, or will have been accumulating financial assets in addition to an unmortgaged house).
To be eligible for an elected position, an inmate must have lived in the prison for more than six months, have an unmortgaged cell, and have no outstanding debt (Young and McFadden 2003, 279).
Research by Aviva, shows over-55s in Newcastle have pounds 5bn worth of unmortgaged equity tied up in their homes.
Such a figure would represent more than 12% of the total number of US households - mortgaged and unmortgaged - at an average house valuation of pounds 200,000.
It is also the sentiment behind the newspaper counsels on kidults, the advice that they will regret an unmortgaged youth.
The fact that there is still considerable unmortgaged equity in the over 65s' property, and lifetime mortgages only represent half of one per cent of outstanding mortgage balances, means that this is an area with considerable potential for growth.