MLchartDataset catalogue

Incumber

Term · Law · MLC-T-LAW-002586

To burden or charge property with a claim, lien, or liability, thereby restricting its free transfer or use. This legal action places an obligation on the property, such as a mortgage or an easement, which must be satisfied before the property can be fully conveyed. An incumbrance reduces the value or marketability of the asset.

Table 1. Record
IdentifierMLC-T-LAW-002586
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002586",
  "term": "Incumber",
  "field": "Law",
  "definition": "To burden or charge property with a claim, lien, or liability, thereby restricting its free transfer or use. This legal action places an obligation on the property, such as a mortgage or an easement, which must be satisfied before the property can be fully conveyed. An incumbrance reduces the value or marketability of the asset.",
  "url": "https://mlchart.com/terminology/law/incumber/"
}

Record 2,511 of 5,445 in Law terminology (MLC-0107). Request the full dataset.