Which term describes any limitations or restrictions placed on property rights?

The term that describes any limitations or restrictions placed on property rights is encumbrances. Encumbrances can take various forms, such as easements, liens, or covenants, which can affect how a property can be used or transferred. They might impose obligations or restrictions on the property owner, thereby influencing the value and usability of the property. Understanding encumbrances is crucial for anyone involved in real estate, as they can have significant legal and financial implications for property transactions and ownership.

In contrast, dispositions refer to the transfer of ownership of property, estates pertain to the nature and quality of ownership within real property, and possessions generally describe the physical control or occupancy of property. Each of these terms relates to property rights but does not specifically address the limitation or restriction aspect that encumbrances encompass.