term encumbrance joint help what is
Meaning of joint encumbrance. What is it: entered in more than one land register or is attached to.

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Definition joint encumbrance

JOINT ENCUMBRANCE title: joint encumbrance (FS-CMS) (SAP Library - Glossary)
JOINT ENCUMBRANCE category: Collateral Management System (FS-CMS)
JOINT ENCUMBRANCE explained:

An encumbrance that, for the purpose of joint liability, is entered in more than one land register or is attached to several pieces of property.

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