Free and clear

{
  "id": "MLC-T-LAW-002229",
  "term": "Free and clear",
  "field": "Law",
  "definition": "A legal status of property ownership indicating that the asset is unencumbered by any liens, mortgages, or other claims. This means the owner holds full title without any financial obligations or restrictions from third parties. Property is often transferred free and clear in real estate transactions or after a debt is fully satisfied.",
  "url": "https://mlchart.com/terminology/law/free-and-clear/"
}