Which of the following is NOT an encumbrance?

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Multiple Choice

Which of the following is NOT an encumbrance?

Encumbrances are claims or rights that burden a property’s title or use. A mortgage lien is a claim against the property to secure a loan, a property tax lien is a claim for unpaid taxes, and an easement grants someone else the right to use part of the property. A clear chain of title means there are no outstanding claims or burdens on the property, signaling a free and marketable title. So the option that is not an encumbrance is the clear chain of title.

Encumbrances are claims or rights that burden a property’s title or use. A mortgage lien is a claim against the property to secure a loan, a property tax lien is a claim for unpaid taxes, and an easement grants someone else the right to use part of the property. A clear chain of title means there are no outstanding claims or burdens on the property, signaling a free and marketable title. So the option that is not an encumbrance is the clear chain of title.

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