MLchartDataset catalogue

Encumber

Term · Law · MLC-T-LAW-001860

To burden or charge property with a claim, lien, or liability, thereby limiting its transferability or value. This act places a legal impediment on the property, such as a mortgage, easement, or judgment lien. An encumbered property can still be sold, but the new owner takes it subject to the existing burdens.

Table 1. Record
IdentifierMLC-T-LAW-001860
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001860",
  "term": "Encumber",
  "field": "Law",
  "definition": "To burden or charge property with a claim, lien, or liability, thereby limiting its transferability or value. This act places a legal impediment on the property, such as a mortgage, easement, or judgment lien. An encumbered property can still be sold, but the new owner takes it subject to the existing burdens.",
  "url": "https://mlchart.com/terminology/law/encumber/"
}

Record 1,749 of 5,441 in Law terminology (MLC-0107). Request the full dataset.