7 Types of Encumbrances That Could Affect Your Property’s Marketability

When considering buying a new property, you want all the relevant information possible — how old it is, what sort of maintenance work it needs, and whether someone is living in the basement. Not least among these considerations should be any encumbrances on the property.

Buyers and sellers alike should have a comprehensive understanding of what encumbrances are, what types of encumbrances exist, and how each one can affect the value and usability of a property. Not doing so can lead to some u...