encumbrancer

A similar problem arose in relation to priority as between the lessor of equipment that becomes a fixture to land and the owner or encumbrancer of the land.

(vii) As a bona fide purchaser or encumbrancer for value (e.g. a lienholder)

HEPTA does not affect the rights of a bona-fide purchaser or encumbrancer for value if their conveyance occurred before the recording of the notice of rescission.

It was given authority to sell estates on application from either the owner or an encumbrancer (somebody who had a claim on it) and, after the sale, distribute the proceeds among the creditors, granting clear title to the new owners.