A property that has an easement on it is generally considered:

A property that has an easement on it is considered encumbered because an easement represents a legal right for another party to use a portion of the property for a specific purpose. This legal attachment can restrict how the property owner uses their land, thereby encumbering it. The presence of the easement means that the owner must allow the holder of the easement certain rights, such as access to the property for utility lines, pathways, or other designated uses.

While an easement can potentially add value, particularly if it grants desirable access or serves a beneficial function, it primarily signifies that there are limitations or obligations associated with the property that can affect ownership rights and possibly the marketability of the title. Consequently, while some buyers might see the value in such arrangements, the technical nature of the easement means the property is encumbered by those legal rights. Many buyers prefer clear titles without such encumbrances, which can lead to complications when selling the property.