ENCUMBRANCE - Any claim, lien, charge or liability attached to and binding on real property that may le...
ENCUMBRANCES - Obligations in the form of purchase orders, contracts or salary commitments that are cha...
END LENDER - See permanent lender.
ENCUMBRANCES - Obligations in the form of purchase orders, contracts or salary commitments that are cha...
END LENDER - See permanent lender.
END LOAN - the final mortgage loan to the ultimate purchaser of a property, as opposed to a constructio...
Encumbrance - Anything that affects or limits the title to property, such as mortgages, liens, leases, easements, or restrictions.
Encumbrance
(1) MORTGAGE or other lien on the entity's ASSETS; (2) Anticipated EXPENDITURE; (3) Uncompleted or undelivered portion of a purchase commitment.
Encumbrance
Claim or lien or interest in a property that complicates the title process, interfering with its use or transfer. Restrictive covenants.
Encumbrance - Any right to or interest in land that diminishes its value. Includes outstanding mortgage loans, unpaid taxes, easements, deed restrictions, mechanic's liens and leases.
Encumbrance:
Equity:
Equity is the difference between the price for which a property could be sold and the total debts registered against it.
Encumbrance
An account in which the estimated amount of expense or expenditure that the organization has contracted for is recorded when goods are ordered.
Encumbrance system ...
Encumbrance
Anything that has a legal claim over a property and which affects the ownership of that property often a mortgage.
Encumbrance - A claim on property, such as a mortgage, a lien for work and materials, or a right of dower. The interest of the property owner is reduced by the amount of the encumbrance.
Encumbrance - an outstanding liability or charge on a property.
End loan - the loan amount left after you sell your existing home and pay the proceeds towards your bridging loan.
Encumbrance: A right, lien or claim attached to real property that passes with title. For example, easements, judgment liens, and mortgages that may reduce the property's market value.
Encumbrance: anything that affects title to a property, such as loans, leases, easements, or restrictions.
ENCUMBRANCE - A reservation of an expenditure authority for an obligation in the form of purchase orders or contracts. An encumbrance represents a commitment. It is not an expenditure.
ENDOWMENT - Refer to PERMANENT FUNDS.
Encumbrance
A claim (as a lien) against a property or more specifically, an interest or right (as an easement or a lease) in real property that may diminish the value of the estate, but does not prevent the conveyance of the estate.
Encumbrance - A liability (e.g.. a mortgage is an encumbrance on a property). Also, any money set aside (i.e. reserved) for any purpose.
encumbrance
in government accounting, commitments related to unfilled contracts for goods and services including purchase orders. The purpose of encumbrance accounting is to prevent further expenditure of funds in light of commitments already made.
Encumbrance
A lien, charge or liability against a property.
Equal Credit Opportunity Act ...
encumbrance
A budgetary restriction occurring in advance of a related expenditure
factory overhead budget ...
Encumbrance
A claim against a property by another party. Encumbrance usually impacts the transferability of the property and can restrict its free use until the encumberance is removed.
Any claim or encumbrance, usually discovered in a title search, that may impair the title to a property, and make its validity questionable. See: bad title.
[ Previous Page ]
Personal Finance Glossary ...
An interest or encumbrance held by a creditor in a debtor's real or personal property for the satisfaction of a debt.
Lien. A type of encumbrance that makes designated property security for a debt or for an obligation. For example, a mortgage or a tax judgment.
title A statement usually prepared by an attorney that traces the history of ownership of real property to determine the status of its present title, and includes all items of record that might impair the title, such as liens, charges or encumbrances.
cloud on title Any encumbrance or claim that might invalidate a title to a property. Also known as title defect. CLP The currency of Chile. ISO international currency code: CLP. Learn more about Chile and the Chilean Peso at GoCurrency.
settlement factoring transaction - means 'a transfer of structured settlement payment rights (including portions of structured settlement payments) made for consideration by means of sale, assignment, pledge, or other form of encumbrance of ...
Study and evaluate the value of the property, its location, neighbourhood, use, encumbrances, physical state and any incidental cost pursuant to its acquisition.
An encumbrance does not legally prevent transfer of the property to another.
It is also common for due diligence in a commercial property transaction to include securing a title insurance policy regarding the ownership of the property and the encumbrances to which it is subject, ...
Lien : A form of encumbrance which usually makes property security for the payment of a debt or discharge of an obligation. Examples would include: judgements, taxes, mortgages, deeds of trust, etc.
predetermined value; the company giving a guarantee or taking on an encumbrance (debt) of a certain value; the sale, transfer, lease, or licensing of any of the assets of the company other than in the ordinary course of business; ...
Cloud on title - Any document, claim, unreleased lien or encumbrance that may impair the title to real property or make the title un-insurable by a Title Company.
A mortgage is generally publicly recorded in the county where the property is located, creating an encumbrance on the title called a lien. The word mortgage is more commonly used to mean any loan for real estate.
Covenant of Seisin & Covenant of Right to Convey - Covenants that represent the seller's promise that he has title and possession and can validly grant or convey both
Covenant Against Encumbrances - Seller promises that there are no encumbrances, ...
Lien: A legal encumbrance or claim of one person on the property of another as security for a debt or charge.
See also: Blanket Lien, Collateral, Creditor, Encumbrance, Liquidation
? Mentioned in
Blanket Lien
Credit Report ...
Cloud on title
Any claim or encumbrance, usually discovered in a title search, that may impair the title to a property, and make its validity questionable. See: bad title.
MARKETABLE TITLE
Merchantable title; title free and clear of objectionable liens or encumbrances.
MATURITY
a) The termination period of a note
b) The date a note becomes due ...
Equity: As an investment term, equity means the interest or value in real estate over and above the liens against it. Liens are charges or encumbrances on property that have to be paid off when the property is sold.
Title Examination: An examination of public records, laws, and court actions to make sure that a property’s seller is the legal owner and to disclose all other claims or encumbrances on the property affecting its ownership.
Negative Pledge: A covenant whereby a borrower and/or guarantor will undertake not to create or allow creation of encumbrances on its assets. Negative pledges typically are subject to numerous negotiated exceptions.
Title insurance provides a guarantee that title to real property is vested in the purchaser and/or mortgagee, free and clear of liens or encumbrances.
Closing TRIN See: TRIN Cloud on title Any claim or encumbrance, usually discovered in a title search, that may impair the title to a property, and make its validity questionable. See: bad title.
 See also: Expense, Saving, Banks, Mergers, Compensation
|
