Business, Legal & Accounting Glossary
Encumbrance is a legal term of art for anything that affects or limits the title of a property, such as mortgages, leases, easements, liens, or restrictions.
Also, those considered as potentially making the title defeasible are also encumbrances. For example, charging orders, building orders and structure alteration.
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This glossary post was last updated: 1st May, 2020 | 118 Views.