Encumbrance

Tax Glossary Definition

Encumbrance

An encumbrance is a legal claim, liability, or restriction on a property that affects its ownership or transfer. It may include mortgages, liens, or other obligations that must be settled before the property can be sold or transferred free of encumbrances.

Example: A home loan mortgage on a house is an encumbrance, as the bank has a legal claim on the property until the loan is fully repaid..

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat
Mobile Apps Available On
This feature is available on our mobile app. Get the app now to access this feature!

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App