You are here

Encumbrances

  • Encumbrance – Anything that obstructs or impairs the use of a property.
  • Cloud on Title – An encumbrance creates a cloud on title of the fee simple holder’s rights in the property.
  • Encroachment – Unauthorized intrusions of the improvement of one property on the surface or in the airspace of an adjoining parcel.
  • Easement – A right granted to use a portion of a property owner’s land for a specific purpose.
  • Easement Appurtenant – May grant ingres and egress to an adjoining parcel of land.
  • Dominant Estate – The parcel that benefits from the easement.
  • Servient Estate – The parcel across which the easement passes.
  • Easement in Gross – Does not benefit any one parcel of real estate but rather benefits a number of parcels to bring in such things as utilities.
  • Lien – A claim against property that is secures payment of a financial obligations owed by the property or the property owner.
  • Mechanic’s (or Materialman’s) Lien – A lien made by anyone who provides material or labor for an improvement to real estate, including design services.
  • Judgment – A determination of a court that may impose an obligation for payment on a property owner.
  • Writ of Attachment – If a judgment is unpaid, a writ of attachment specifies the property that the sheriff will be ordered to sell by writ of execution.
  • Tax Lien – Available to federal, state, and local taxing authorities. Enforcement is usually by tax sale. The purchaser receives a tax deed.
  • Other Encumbrances
    • Marital Rights
    • Rights of Parties in Possession
    • Outstanding Option to Purchase
    • Judgments Against Owner
    • Unpaid Tax Liens

Recent content

yre_admin
yre_admin
yre_admin
yre_admin
yre_admin
yre_admin
yre_admin
yre_admin
yre_admin
yre_admin

Recent comments

No comments available.

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer