Property Ownership
An encumbrance on a Nebraska property title is best defined as:
AAny improvement that increases property value
BAny claim, lien, charge, or liability attached to real property that may diminish its value or transfer✓ Correct
CThe property's zoning classification
DA positive covenant requiring the owner to maintain the property
Explanation
An encumbrance is any right or interest held by someone other than the owner that affects the title, use, or value of the property — such as mortgages, liens, easements, deed restrictions, or encroachments.
Related Nebraska Property Ownership Questions
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- Which type of deed provides the GREATEST protection to the buyer/grantee?
- A Nebraska farmer with irrigation rights holds what kind of property interest?
- A license in real property law is:
- In Nebraska, when two unmarried individuals purchase property with equal shares and the right of survivorship, they hold title as:
- Eminent domain gives the government the power to:
- In Nebraska, adverse possession requires the claimant to occupy the property openly, continuously, and hostilely for a period of:
- A leasehold estate gives the tenant the right to:
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