A defect on a title that can be monetary or physical is called an ______. Unset starred question Agreement Appurtenance Encumbra

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Margarita [4]

2 years ago

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A defect on a title that can be monetary or physical is called an ______. Unset starred question Agreement Appurtenance Encumbra

nce Eviction

Business

1 answer:

mariarad [96] · Answer 1 · 2023-03-17T11:07:54+03:00

An encumbrance is the term that is used to refer to the defect on a title that can be monetary or physical.

<h3>What is an encumbrance?</h3>

In layman speech this used to refer to a burden. It is a burden that is due to the fact that a person is owing.

The encumbrance is the claim that is made against a property. The person that is making this claim is usually not the owner of this property that he or she is trying to or laying a claim on.

Some popular types are

Easements
Leases
Financial encumbrance

Read more on encumbrance here:brainly.com/question/15277102

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