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 ?
Any person who, knowing that the real property is encumbered, shall dispose of the same, although such encumbrance be not recorded;
According to Fitch, the ratings of BoC reflect its weak asset quality, which results in very high encumbrance of capital by unreserved problem assets.
" "Agricultural free patent shall now be considered as title in fee simple and shall not be subject to any restriction on encumbrance or alienation," it read.
Under the law, the agricultural free patent shall "now be considered as title in fee simple and shall not be subject to any restriction on encumbrance or alienation."
not be subject to any restriction on encumbrance or alienation,' read a portion of the newly signed law, a copy of which was obtained by the BusinessMirror.
The Azerbaijani parliament passed a law in 2017 on encumbrance of movable property, which envisages the creation of a registry of movable property.
BoC's IDRs reflect its weak asset quality, which results in very high encumbrance of capital by unreserved problem assets and constrains profitability.
What they don't want or need is this extra encumbrance of having to deal with self-inflicted injuries from people who really ought to know better.
In addition, she counsels clients on other real property issues including easements, rights of way and myriad other encumbrance and title issues.
Announcing verdict on another application moved by former finance minister Ishaq Dar against freezing of his assets by the NAB , the judge maintained the order of keeping the encumbrance on sale of his assets by the NAB intact.
com, says, " A mere NOC from the panchayats or other local bodies would not constitute approval by the authority." CHECK ENCUMBRANCE CERTIFICATE It is important to verify that the land is free from legal dues.
The Prudential Regulation Authority (PRA) has waived the reporting of certain asset encumbrance data with the aim of avoiding detection by the market of emergency liquidity assistance (ELA) provided by the Bank of England (BoE).