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Encumbrance

Any claim, lien, charge or liability attached to and binding upon real property which may lessen the value of the property but will not necessarily prevent transfer of title.

Note the spelling of this term. It is commonly misspelled "encumberance".

Added: Fri Jan 06 2006
Last Modified: Wed Jul 16 2008

Related Terms

Lien Real property Value Title Defect Cloud on title Marketable title

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