What are Real Estate Encumbrances?
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- čas přidán 26. 07. 2024
- What are encumbrances in real estate? What is the definition of an encumbrance? Real estate encumbrances are limitations and restrictions on a property. The most common types of encumbrances are liens, easements, encroachments, and deed restrictions.
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Knowing the powers of real estate encumbrances is vital to giving a transparent transaction to your home buyer. When they have a clear understanding of the limitations and restrictions on the property, it will save them a headache-induced surprise later.
Robert Rico does a deep dive into the world of encumbrances in real estate. They're everywhere, so he wants to make sure you're prepared to know what they are.
We have individual, in-depth videos on each encumbrance in the links below.
Chapters:
00:00 - Intro
00:58 - What is an Encumbrance?
02:18 - What is considered an Encumbrance?
03:15 - One last thing...
#encumbrances #realestate #realestateencumbrance
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Read about encumbrances:
www.carealtytraining.com/real...
Encroachments:
www.carealtytraining.com/encr...
Easements:
www.carealtytraining.com/real...
Deed Restrictions:
www.carealtytraining.com/real...
Property Liens:
www.carealtytraining.com/real...
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I will never forget what encumbrance is because of you. New subscriber here, thank you for your hard work putting this together for us.
Wow! We're so happy we could help! This comment made our day. Thanks for watching, subscribing, and leaving us a comment. We really appreciate hearing feedback like yours!
for real me to
this channel is lowkey finna help me, really grateful for y'all .
w video .
Love it! Thanks for watching and glad you found the channel. Share it with your friends!
Thank you so much for this! I was failing to understand what it meant from my readings and this was very helpful. Very much appreciated the metaphor!
Thanks for the wonderful comment! We're happy this video helped clear things up! If you have a moment, give it a like, subscribe to our channel, and hit the bell icon. That way you get notified when we release a new helpful video like this one. Terminology is a big part of our channel so we're glad it helps students learn their material. Hope to hear from you again and best of luck with your studies!
I have to thank you guys for these videos because I’m dyslexic yet trying to take 100 hour real estate course and have to do a lot of reading so I have to come and learn what this stuff means twice basically 😂
Wow. Subscribed. Love your way of teaching things and explaining. Im learning RE as of now and I have across encumbrance many times. I had a hard time learning what encumbrance meant but after this video I understand. THANK YOU.
Hi, Harley! We're so happy to hear you're getting so much value from our videos! If you haven't seen our series on encumbrances, we highly recommend checking out our videos on encroachments, easements, liens, and deed restrictions. Our blog also offers supplemental material with definition breakdowns: www.carealtytraining.com/blog/
Thank you I’m a full time teacher and in online school to get my license! Stressful but your videos are so helpful!
That makes me so happy! Thanks for watching, Samantha! If you have a moment, please like this video, subscribe, and hit the bell icon. That's the best way to get notified when we release new videos and it helps our channel grow even more. We release new vids every week so definitely subscribe!
That was the best way to describe an encumbrance for the younger generations! Thanks for that!
Glad you enjoyed it! Thanks for watching.
subscribed, this video was so helpful. thank you!
I'm glad you liked the video, Josh! Thanks for subscribing and dropping a comment.
Subscribed. Thank you for being so straight forward!!!
Thanks for subscribing! Glad you liked the video.
I love the speed in which you talk. I listen to books on tape 1.2x or 1.5x normal speed and it is so refreshing to have a video I don't need to skip 10 seconds all the time. I want the information quick.
I get excited about real estate so I talk fast lol
Thank you for all your videos! Super awesome
Thank YOU for watching, David! Be sure to like and subscribe to our channel to stay up-to-date on our latest videos. Also, let us know how your real estate career develops―we love hearing from viewers!
studying for real estate and i love your videos! your energy and the way you break it down. YOU ARE SO SPESH! thank you for being you. "got it?"
I love this! Thank you for the kind words. It's very much appreciated! Don't forget to check out some of our other videos and be sure to subscribe. We're currently working on a big series project that will hopefully be a big help for current students. Hope to hear from you again!
You explained that so well. Thank you for that.
You're very welcome! Glad it was helpful. Thanks for watching.
Thanks I love your videos bcs they are short and funny. And mostly I can understand! I subscribed 😁
Thanks for subscribing! You rock, Desi Girl. I'm just happy to be of help.
Thank You for your time and effort
Anytime. Thanks for watching.
Thank you very much ,very helpful !
I'm glad you liked the video and found it helpful. I appreciate the kind words! Don't forget to like, subscribe, and hit the bell icon because that's how we keep the videos coming on this channel. Thanks for watching and I hope to hear from you on another video!
wow. Thank you. Definitely subscribing!
Awesome, thank you! Be sure to share this channel with a friend or colleague - that's the best way for us to grow to make more content like this video!
Sending love from California🏝🏖 I am your new subscriber 🙋🏻♀️ love your videos super short and simple to understand 👌
Thanks for watching and SUBSCRIBING! You rock!
You made it so easy to understand I got to subscribe love your energy
Thanks! We're so happy you found this video helpful. Sharing this video or channel with a friend or colleague in real estate helps us grow and produce more videos like this one!
Great job and thank u!
Glad you liked it! Thanks for watching.
I love your energy and the way you allowed me to picture it!
Glad this video was helpful! Thanks for watching.
New real estate student and your video really helps for my class. Thanks a lot for what you do
You're welcome, Michael! So happy our videos are making it easier for you.
Thank you so much
Anytime!
You are so perfect thank you for your videoed it is so useful and full of life and very encouraging
Thank you so much for watching and leaving a comment! We love helping students learn more about real estate and become more comfortable with the topic!
lol. This best way to describe. Yiu must be great teacher man. Keep teaching us. Thank you for knowledge
Glad you enjoyed the video!
You're amazing! I love your energy!
Thank you so much!! Glad you enjoyed the video.
I’m glad I found this video
Me too! Welcome!
@USRealtyTrainung what do you mean when you said licenses are an encumbrance?
Thank You Robert!
Thanks for watching, Daria! Much appreciated
Im studying for my NMLS and this video made learning so much relaxing lol
Glad I could help! Best of luck to you!!
Thank you so much for the clarification! I am studying for my real estate exam and couldn't get a grip on this one! lol ( Just subscribed:)
You are so welcome! Glad this video was helpful to you and thank you so much for subscribing. Welcome to the community!!
Oh men...thank you so much
You're welcome!
Great video 🙏👍
Glad you liked it! Thanks for watching.
I love the way you clarify the word. Thanks a lot!! You have a new subscriber.
Thanks! So glad you enjoyed the video.
Thank you
Thank YOU for watching!
This was informational 👍🙏
I'm glad you liked it and found it informative! If you have a moment, please support this channel by liking the video, subscribing to the channel, and hitting the bell icon. That's the best way to help us make more videos by telling CZcams that people like this content. Thanks for watching and I hope to hear from you again!
Hi. Do you have a video covering escheat? Thank you your energy is contagious and your videos come across clear and easy to understand!!
Hi, Lacey. We don't have a video covering escheat but we do have a few videos on transferring the deed. Be sure to check it out and see if it helps. We'll put this topic in the line videos we want to make! Thank you for the suggestion. Subscribe, hit the bell, and stay tuned!
thank you
Thank YOU for watching!
0:18. Good Stuff huh? I want the Good Stuff that got you so energetic...Ok ok I just subscribed. Keep up the good content so I don't change my mind
Robert is just excited to talk about real estate! He loves this stuff!
Thanks a lot so clear as always
I already subscribed and thanks alot for all your efforts
By the way I am LL.M students in law and your videos helps me alot in property
I'm so happy the videos helped! Thanks for watching as always, Sarween!
great video, thank you for your help. I finally understand what encumbrances are lol
Glad to hear it! Thank you so much for watching and leaving a comment!
Done. I’m subscribed
You rock, Ricky! Thanks for subscribing. Very much appreciated!
you earned a subscriber! can't forget encumbrances for now on
Thanks for subscribing! We love teaching people about real estate! Be sure to share this video with someone you think would like it. That's how we grow to produce more videos like this one!
Will do. If you can work on reducing the echo and improve the sound quality it will be great
@@alelumelelu7766 Have you seen our latest videos? I would recommend you check them out because the sound quality has been improved!
✅ 🎓💯Make studying for the real estate exam EASY: bit.ly/46L59T9
Hi Robert...I was going through a new development (Apartment) and Encumbrance : a bank was mentioned...so what does it mean?
Please advise
I think I finally got it 👍🏽
Glad it helped! Thanks for watching and finding the channel.
Thanks again for videos. Can you do a video on Blanket Encumbrance Disclosure and other disclosures? Thanks.
Thanks for watching, Jeff! We will see what we can do about the video on Blanket Encumbrance Disclosures.
Cheers!
Thanks for watching! We appreciate your viewership and dropping a comment!
Hi, I have a question. What is after-acquired title?
Thank you so much for the definitions man, I'm trying to remember all of them and that made it super simple.
Happy to help! We're glad you enjoyed the video. If you have a second, like the video, subscribe to the channel, and hit the bell icon. That's the best way to get notified when we release a new video like this one. It also helps support our channel so we can continue to grow and make content. Thanks for watching and we hope to hear from you again!
I am doing a refi and I have to agree to their encumbrances what does that mean???
AWesome. Thank you so much. I'm Taking Real estate Classes with Allied schools and Classes are self-paced, I was stuck on Unit 3: Encumbrances & Transfer of Ownership and I needed examples for real things and visual breakdowns. Thanks to your Videos. Perfect explanations and make so much sense now!!!
Hi, Raphyla! We are so happy to hear this video helped you on your course. If you're interested in more, in-depth content, visit our website: www.carealtytraining.com/ - we have resources that will help you excel in your real estate education!
😂😂😂 love this video
Glad you loved it! Thanks for watching.
Hi Sir, I want to ask about my concerns. The title of my late father got memorandum of encumbrance at the last page. What will happen?
Hi, there! Memorandum of Encumbrance is a charge registered over a property's certificate of title which creates a security interest over that property in favor of a third party for the performance of an obligation. In other words, the person who is given the property will also encumber any encumbrances on the property. Hope this helps answer your question and please let me know if you have any others.
Finally somebody explained it! THANK YOU
Thank YOU for watching! We're happy you understood the topic!
Do a video about fee simple ownership!
Hey, Marco! We did it! Here's the video you requested: czcams.com/video/UhIv1aXExME/video.html
Rico I love your videos /clear transparent/ there is possible way to call you to said thank you.
That's very nice of you! Thanks for watching.
how specifically different is Texas Real Estate from California Real Estate? im taking my exam prep and i sleep through it all due to the fact that they are sooooo DAM BORING, but i love how you are high energy and how you explain things and it seems all very the same so im wondering if i could take your exam prep class online or would it be very different?
Thanks for watching and for the kind words, Luis! To answer your question, there could be differences in the Texas State Exam and our State Exam Prep. We are unfamiliar with what is covered on the Texas State Exam so we can't say if our California based State Exam Prep will give you sufficient study material.
@@USRealtyTraining sooo my next question is.. can I purchase online classes like the ones you have on CZcams? I researched and the Texas exam only has 40 questions State specific and rest is all general throughout every state hence the name National exam. How can I sit in on your classes online, id like to purchase some to study from.
Awesome video! The definition of Encumbrance is a lot clearer after viewing this video. I'm currently studying for my NYC Real Estate Cert. if you don't mind, i have a question for you. My book defines Encumbrance as an interest in and the right to real property that limits the legal owners freehold interest, which i now know is ownership of property for an unlimited period. so my question to you is, Does the Encumbrance allow an entity to take possession of an individuals property?
Hey! Did you pass your test? Im taken mines too
Perfect..subscribe
Thanks for the subscribe! We're always happy to help students understand the real estate world a little better.
I am taking a course already with REALESTATE U and most of the information is very confusing to me but I strive to finish my license
If it doesn't work out, I would encourage you to check out our program! The very least, we do offer state exam prep and crash courses to help you get ready for the state exam when you're about to take it! Glad you enjoyed the video and I hope to hear from you again, Chiterra!
🎉
Thanks for watching.
Ok so if encumbrances are bad why do people have rights or interest in someone else’s property?
Thanks for asking this question. A homeowner can clear some encumbrances on their property. Not every encumbrance is permanent. Knowing this, some people might be interested in a property with an encumbrance because they could use it as a leveraging strategy to buy the property at a lower price. That being said, some people seek out houses with encumbrances on them because they want a property that is encumbered. For example, some people will seek out a property with Deed Restrictions on it because they want that uniform suburban look in their home. They wan to move to a neighborhood where homeowners have restrictions so they can't modify their houses. We made a video on deed restrictions here: czcams.com/video/B_XnC97BYF8/video.html Let me know what you think of it!
Hope this helped. Please let me know if you have any other questions and thanks for watching this video! Hope to hear from you again, Sweetlikecandie365!
@@USRealtyTraining thank you kindly ! Iam currently studying to take my PSI salesperson test and I know that what you study and what’s on the test are different can you give us some feedback on the PSI test what’s on there , how to answer trick questions , and hard questions ...
I like the design of your office... all white...
Thanks, Chaging1! Be sure to subscribe to our channel and you'll be able to see more of our white-walled office!
The property owner does not wish to sell property to the state. The state wants the property in order to build a straight road. If the owner and the state cannot come to an agreement, the state may acquire the property through
A)
eminent domain.
B)
police power.
C)
escheat.
D)
condemnation.
Why the correct answer is not A) eminent domain ????
Sounds like a red flags to me LOL
They tend to be. But in some cases people like it. For example, Deed Restrictions are liked by some people because they enjoy the cookie cutter suburban life.
Good information but you talk way too fast.
Thanks for the feedback. Robert is just super passionate about real estate so he gets excited.
I will never forget what encumbrance is because of you. New subscriber here, thank you for your hard work putting this together for us.
Thank you for watching, Marcelo! We really appreciate your subscription to our channel.