Read the sentence below and complete it by supplying the correct legal and property register term in the blank.
Answer:Before finalizing the purchase of the commercial building, the buyer's solicitor conducted a detailed search at the land registry to verify that the title was clear and free from any legal liability, mortgage, or 【encumbrance】.
Answer
The term that correctly fills the blank is 'encumbrance'.
In legal and real estate terminology, an encumbrance refers to any legal right, interest, charge, or liability attached to a piece of real estate (such as a mortgage, lien, or easement) that burdens the title and may diminish the value of the property.
Step-by-Step Solution
Key Concept
Occupational Register (Law and Property Conveyancing)
Estimated Time:1m 0s