Anything that diminishes a property's worth or makes it less useful or enjoyable. Examples include taxes, mortgages, easements, judgment liens, and rules restricting how the property is used.
Related information about encumbrance:
- Encumbrance - Wikipedia, the free encyclopedia
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.
- Encumbrance - Merriam-Webster Online
<without the encumbrance of a heavy backpack, I could sprint along the trail>. First Known Use of ENCUMBRANCE. 1535. Related to ENCUMBRANCE ...
- encumbrance - Legal Dictionary - The Free Dictionary
A burden, obstruction, or impediment on property that lessens its value or makes it less marketable. An encumbrance (also spelled incumbrance) is any right or ...
- Encumbrance | Define Encumbrance at Dictionary.com
something that encumbers; something burdensome, useless, or superfluous; burden; hindrance: Poverty was a lifelong encumbrance. 2. a dependent person ...
- What is encumbrance? definition and meaning
Definition of encumbrance: Accounting: A contingent liability, contract, purchase order, payroll commitment, tax payable, or legal penalty that is chargeable to an ...
- Encumbrance Definition | Investopedia
A claim against a property by another party. Encumbrance usually impacts the transferability of the property and can restrict its free use until the encumberance ...
- Encumbrance Synonyms, Encumbrance Antonyms | Thesaurus.com
Synonyms for encumbrance at Thesaurus.com with free online thesaurus, antonyms, and definitions. Dictionary and Word of the Day.
- encumbrance - Dictionary Definition : Vocabulary.com
Definition of encumbrance : A burden or serious concern is an encumbrance . Your being five feet tall could be an encumbrance when it comes to your dream of ...