encumbrancer
/ɛnˈkʌmbrənsər/
noun
- A person who holds a legal claim or charge against a property, such as a mortgage lender or lienholder.
- When selling the house, the encumbrancer had to release the lien first.
- As the encumbrancer, the bank had the right to foreclose if payments stopped.
- The title deed listed the mortgage company as the primary encumbrancer.
Antonyms