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What is Encumbrance Certificate in Property Buying?
Q: Can anybody explain the term Encumbrance Certificate?

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Encumbrance certificate is a proof that the property in question does not have any monetary and legal liabilities. This certificate contains details of any transaction on the property. It points out any liabilities in the form of a mortgage or loan against the property that has not been cleared.Encumbrance certificate is a proof that the property in question does not have any monetary and legal liabilities. This certificate contains details of any transaction on the property. It points out any liabilities in the form of a mortgage or loan against the property that has not been cleared.
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