Real Estate Glossary

Learn Real Estate Vocabulary

What is an Encumbrance in Real Estate?

The meaning of the term Encumbrance in Real Estate can be understood as a legal claim, liability, or any restriction that affects the use, value, or transfer of property. There are various reasons for the rise of Encumbrances, those circumstances include unpaid debts and zoning regulations. These Encumbrances are not always detrimental or against the …

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What is Bundle of Rights? The Significance of Bundle of Rights in Property Ownership Explained.

When we think of a property say the house which belongs to us and we are living in it, we think of a property which belongs to us in the general sense. However, when there enters the legal aspect of the property ownership, then we learn that there are more complex contexts, in which we …

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What are Tangible Appurtenances and Intangible Appurtenances?

Introduction An Appurtenance is a very important legal term in the study of Real Estate Law and Industry. It refers to anything that is attached to a property and thereby increasing the value and function of the property. An Appurtenance is something permanently attached to the property and thereby gets transferred along with the property …

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