Definition of "Encumbrance"

Bill Ryan real estate agent
Bill Ryan, Real Estate Agent William Raveis Real Estate - Osterville

Debt secured by a lien on property. Commitments related to unfilled contracts for real estate. The purpose of encumbrances is to prevent further expenditure of funds considering the commitments already made.

 

Need help from a real estate agent?


Buy Sell Rent

I agree to receive FREE real estate advice.

Are you a real estate agent?


Residential Rental Commercial

I agree to receive FREE real estate advice.

Have a question or comment? We're here to help.

 

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Popular Real Estate Questions