Which type of encumbrance can restrict an owner's ability to sell their property?

Prepare for the Louisiana 90-Hour Course Exam on Real Property, Ownership, Deeds, and Auctions with quizzes, flashcards, and explanations. Master the key concepts and ensure your success!

An encumbrance refers to any claim, lien, or liability attached to a property that may affect its transferability or ownership. Each of the types of encumbrances mentioned can indeed restrict an owner's ability to sell their property in different ways.

A lease agreement typically grants a lessee the right to occupy and use the property for a specific period, which can affect the seller's ability to convey full ownership rights to a potential buyer until the lease term expires. Buyers may be less inclined to purchase a property that is leased because of the continuing obligation to the tenant.

An easement allows another party to use a portion of the property for a specific purpose, such as access to a roadway or utilities. This can limit how the property owner uses their land, potentially affecting its marketability if the easement hinders the property's intended use or development.

A mortgage lien is a legal claim on a property by a lender until the debt obligation is satisfied. If a property is under mortgage, the owner must pay off the mortgage or obtain consent from the lender before selling the property. Selling a mortgaged property without addressing the lien can lead to legal complications or financial loss for the seller.

Since each of these encumbrances can impose limitations on the sale of

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