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WHAT IS MEANT BY EC?

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0 2023-06-22T16:19:04+00:00
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Last month, as I was making plan to purchase a home, the term "Encumbrance Certificate" (EC) came across so many times. Encumbrances in real estate context are described as the claims made by parties other than the title holder, whether they are financial or non-financial. A potential buyer or lender can determine whether the respective property is free of any legal or financial liabilities or not, such as unpaid loans, through the use of an encumbrance certificate (EC).

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Gautam Virg

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