clean property
[/klin ˈprɒpərti/]
nounpl: clean properties
propriedade limpa
1. Real estate or property that is free from liens, mortgages, encumbrances, or legal claims
After paying off the mortgage, they finally owned a clean property.
Depois de pagar a hipoteca, eles finalmente possuíam uma propriedade limpa.
2. Property with a clear title and no outstanding debts or legal disputes
The investor only purchases clean properties to avoid future complications.
O investidor compra apenas propriedades limpas para evitar complicações futuras.
3. Real estate with no environmental contamination or hazardous materials
Environmental inspectors certified the land as a clean property.
Os inspetores ambientais certificaram o terreno como uma propriedade limpa.
The term 'clean property' is widely used in Brazilian and American real estate markets to indicate a valuable transaction without complications. In legal contexts, especially in São Paulo's financial district, more formal terminology like 'propriedade desembaraçada' is preferred. This concept is crucial in property transactions as it affects financing and insurability.
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