Incumbrance
An encumbrance is a right to, interest in, or legal liability on real property that does not prohibit passing title to the property but that diminishes its value. Encumbrances can be classified in several ways. They may be financial (for example, liens) or non-financial (for example, easements, private restrictions). Alternatively, they may be divided into those that affect title (for example, lien, legal or equitable charge) or those that affect the use or physical condition of the encumbered property (for example, restrictions, easements, encroachments). Encumbrances include security interests, liens, servitudes (for example, easements, wayleaves, real covenants, profits a prendre), leases, restrictions, encroachments, and air and subsurface rights. Also, those considered as potentially making the title defeasible are encumbrances, for example, charging orders, building orders and structure alteration. Encumbrance: charge upon or claim against land arising out of private grant or a contract.
Encumbrance
An encumbrance is a right to, interest in, or legal liability on real property that does not prohibit passing title to the property but that diminishes its value. Encumbrances can be classified in several ways. They may be financial (for example, liens) or non-financial (for example, easements, private restrictions). Alternatively, they may be divided into those that affect title (for example, lien, legal or equitable charge) or those that affect the use or physical condition of the encumbered property (for example, restrictions, easements, encroachments). Encumbrances include security interests, liens, servitudes (for example, easements, wayleaves, real covenants, profits a prendre), leases, restrictions, encroachments, and air and subsurface rights. Also, those considered as potentially making the title defeasible are encumbrances, for example, charging orders, building orders and structure alteration. Encumbrance: charge upon or claim against land arising out of private grant or a contract.
Incumbrance (noun)
A burden; a thing that must be carried.
Incumbrance (noun)
an interest, right, burden, or liability attached to a title of land, such as a lien or mortgage.
Incumbrance (noun)
One who is dependent on another.
“a widow without incumbrances, i.e. without children”
Encumbrance (noun)
Something that encumbers; a burden that must be carried.
Encumbrance (noun)
An interest, right, burden, or liability attached to a title of land, such as a lien or mortgage.
Encumbrance (noun)
One who is dependent on another.
“a widow without encumbrances, i.e. without children”