Question

When the preliminary title report reveals the existence of an easement on the property, it indicates that the easement is a(n)?

Answer 1

Encumbrance is the preliminary title report that reveals the existence of the easement on the property, and it also indicates that the easement is a(n)

An encumbrance is refers to any charge that created on any asset, and more often used in the context of real estate. An Encumbrance is Certificate or EC is a certificate of the assurance that the property is in question is free from any legal or th emonetary liability such as a th emortgage or an uncleared loan

Encumbrance is the accounting term that represents the commitment to spend the money for a particular purpose at some point in future. take example, you may have entered into the contract with the supplier, via the purchase order, to receive the some good or service several months from now.

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