encumbrance

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encumbrance

, incumbrance
Law a burden or charge upon property, such as a mortgage or lien

encumbrance

A restriction on the use of real property, or an obligation to make a payment which is secured by real property and which does not prevent its conveyance.
References in periodicals archive ?
The properties are being sold with all the existing and future encumbrances, whether known or unknown to Sebi.
Before purchasing an immovable property, the potential purchaser must carry out due diligence in order to ascertain its status, any obligations or encumbrances burdening it, any tax liabilities owed by the vendor with regard to the property in issue and proceed with caution to avoid any future complications.
Human Encumbrances makes two significant steps forward in approaching the history of 1840s Ireland.
These purchase orders, called encumbrances, are recorded as expenses when obligations are incurred.
The last step in arriving at net realizable equity is to subtract exemptions and encumbrances superior to the Service's position from quick-sale value.
The results of the tests of group differences on net case service dollar encumbrances for non-competitive closures of clients with severe disabilities suggest that such policies might result in decreasing case service dollars spent on non-competitive closures of clients with severe disabilities.
Restrictions resulting from encumbrances granted to lenders on the Company's assets.
The bill grants the head of the land registry department the authority to exempt, eliminate, transfer and cancel mortgages and or other encumbrances, depending on the case and under certain conditions.
The hotels can be acquired free of management and franchise encumbrances.
Encumbrances outstanding (lapsed) (section 1700, paragraph .
IDeaS' web delivery provides all the benefits of IDeaS' technology with none of the encumbrances inherent in a traditional software purchase.
The added bonus is that there are no smokestacks, condensers or other encumbrances cluttering the roof, which becomes an obstruction-free roof deck.