Encumbrance: Definition, Examples, and Types
Encumbrance: Definition, Examples, and Types
Apr 9, 2024
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What is encumbrance certificate? An encumbrance certificate clarifies whether a particular property is free from legal or financial burdens. An encumbrance certificate also helps you know if you are dealing with a genuine seller and the property is not in any bind, legally or financially. By clearly stating the position of the property from a legal and monetary point of view, an encumbrance certificate provides answers to the following queries: * Is the property you are buying pledged by the own
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