What is Encumbrance? | REAL-ESTATE-SALESPERSON Exam Prep

An encumbrance is any claim, lien, charge, or liability attached to real property that may diminish its value or burden its title, but does not necessarily prevent transfer of ownership. 📚 Learn more about Encumbrance and other key terms for your REAL-ESTATE-SALESPERSON exam at Open Exam Prep. 🎯 This term appears on: REAL-ESTATE-SALESPERSON 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Encumbrance definition: https://www.open-exam-prep.com/glossary/encumbrance 💡 Exam Tip: Encumbrance = ANY claim on property (liens, easements, restrictions). Lien = MONETARY encumbrance only. Both "run with the land." --- #real-estate #examprep #financeexam #real-estate-salesperson