Daily Archives: December 20, 2017

Real Estate Encumbrances and What They Mean for Your Transaction

An encumbrance is really just a fancy word for a burden or restriction on a piece of real estate. Essentially, it means any liability, claim, or limitation that exists against piece of real estate that can restrict the owner’s ability to transfer the title of the property to a buyer. Encumbrances can also lessen the value of the property, so it’s important to determine if one exists on a piece of property that you are