Define Encumber in Legal Terms

Define Encumber in Legal Terms

In the broadest sense, to overwhelm means to worry or hinder. Here is an example of a municipal law that deals with the charge of a public road: in Hong Kong, for example, the seller of a property is required by law to inform the real estate agent of any charge on the property in order to avoid problems later in the sale process. The real estate agent provides the buyer with a land search document that contains a list of charges. An intervention occurs when a party who is not the owner enters or disturbs the property, for example, by building a fence above the property line (a broken house) or by planting a tree with branches hanging on an adjacent property (a nuisance). An intervention entails a burden on both plots until the problem is solved: the property in which the intervention is located has burdened its free use, while the owner of the intermediate improvement is not entitled to the land on which it is built. In Hong Kong, there is a legal definition of “burden”. The Property and Property Ordinance (cap. 219) states that the “charge” (產權負擔) includes a legal and equitable hypothec, a trust to secure money, a lien, a commission for a party, a pension or other capital or an annual sum; and “defendant” (產權負擔人) has a meaning equivalent to that of “burden” and includes any person who is entitled to an office or demands its payment and discharge.” In Old French, the noun combre meant a defensive obstacle formed from felled trees with sharp branches facing the enemy. Later, in the center of the France, combre referred to a barrier, similar to a dam or weir, built in the bed of a river to hold fish or protect the banks. This concept of restraint is what our verb encumbers. One can be physically burdened (such as by a heavy load or storm) or figuratively (such as bureaucratic restrictions).

Combre also gives us the adjectives cumbersome and cumbrous, both of which mean “clumsy or difficult to handle”. “PERMIT REQUIRED: No person, partnership or entity, or any representative or agent thereof, shall excavate, obstruct or encumber in any way any street, sidewalk or any other property or right of way of the City without first obtaining the written authorization of the municipal engineer, unless such authorization to issue a permit is in particular in the hands of the municipal council (see RSA 231: 184). Any person, person, enterprise or entity that contravenes any of the provisions of this section shall be fined not less than $500.00 nor more than $1,000.00 for each violation, shall be fined at least $500.00 and may submit to the revoked excavation privileges of the holder or contractor. “The burden means the burden of debts or legal claims. For example, an interest in real estate may be encumbered by mortgages. If the property is jointly owned, the signatures of all owners are usually required to encumber the property. The term charge covers a wide range of financial and non-financial claims on property by parties other than the holder of the title. Owners may be partially prevented from exercising full, i.e. unhindered, control over their property.

In some cases, assets may be taken back by a creditor or seized by a government. In accounting, an expense is the contingent liability, contract, purchase order, payroll obligation, tax payable, or legal penalty that is charged to an approval account. The charge prevents any new expenditure of funds in view of the commitments already made. At the end of an accounting year, unpaid expenses are not recognised as expenses and liabilities, but as reserves on the fund balance. It expires with the payment or if the actual amount of the liability is determined and recorded as an expense, and no longer as an expense. An charge is a legal right, interest or liability in a property that does not prohibit the transfer of ownership of the property, but may reduce its value. [1] Charges can be classified in several ways. They can be financial (e.g., privileges) or non-financial (e.g., easements, private restrictions).

Alternatively, they can be divided into those that affect title (e.g., lien, legal or reasonable fees) or those that affect the use or physical condition of the encumbered asset (e.g., restrictions, easements, assault). [2] Charges include security, liens, bodily characteristics (e.g., easements, traffic signs, actual commitments, profits to be made), leases, restrictions, encroachments, and air and underground rights. Those that can make the title derealizable are also burdens, such as fee orders, construction contracts, and structural changes. Charge: Charge or claim on land resulting from a private concession or contract. An example of exposure to intellectual property is “offending code”,” software that cannot be freely distributed due to intellectual property rights. Real estate stress has many different types due to its many applications. Each type must both protect the parties and specify exactly what each claim implies – and what it is entitled to. In management accounting, the load is a management tool used to reflect obligations in the accounting system and to try to avoid excessive expenses. Expenses allow companies to identify future resource commitments before actual expenditure.

Charge the amount of $207,750 for the payment of LandCare services for 9 months of the total duration of the one-year contract for the 2015-2016 fiscal year.

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