term:

Encumbrance

encumbrance

also
in·cum·brance
[in-kəm-brəns]

n
: a claim (as a lien) against property
;specif
: an interest or right (as an easement or a lease) in real property that may diminish the value of the estate but does not prevent the conveyance of the estate [that these premises are free from all s]

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.