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Encumbrance

An Encumbrance is any of a wide variety of limitations of the rights of a property owner. Leases, Easements, Liens and Mortgages, and Covenants are all considered Encumbrances. Thus most properties will have some type of Encumbrance. Many legal systems require that certain types of Encumbrances be registered on the title or in a database available to the public or interested parties.

Term in Russian