What Is an Encumbrance?
Encumbrances refer to any rights or benefits that someone other than the landowner has to the land; the encumbrances reduce the value of the inherited land, but it does not prevent the landowner from giving up his land to others.
Encumbrances
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- Encumbrances refer to any rights or benefits that someone other than the landowner has to the land; the encumbrances reduce the value of the inherited land, but it does not prevent the landowner from giving up his land to others.
- classification
- The tax burden, mortgage, tribunal and other property burdens can be regarded as liens; the restrictions on the provisions, the retention of rights and easements are all property burdens, but not liens.