Real Estate Terms Glossary Terminology & Real Estate Terms Dictionary
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Real Estate Terminology Tip
Encumbrance- An outstanding legal claim against a property by a party other than its owner. Such claims can include liens, restrictive covenants and easement rights. The existence of an encumbrance against a property is typically revealed as the result of a title search. An encumbrance may limit a property owner's ability to transfer title to another party or diminish the property's value.
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