Real Estate: Private Restrictions on Ownership. What are Encumbrances? Are restrictions and limitations on the fee simple ownership rights that generally.
Valuation of Partial Interests International Right of Way Association and Appraisal Institute Federal Agency Update January 13, 2009 Eric Paul Griffin,
1. Right to a limited use or enjoyment of another’s land Does not include the right to possess. “Smaller” interest than a tenant.