|
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z J, K
|
Joint Ownership Agreement |
An agreement made between two or more owners of
the same property, defining their rights and responsibilities (e.g. recommended
in the case of married owners of property)
See Equity
sharing |
|
Joint tenancy, or Tenants by the
entirety |
Ownership of real estate by two or more parties
held jointly for life; if one of the owners dies, the survivor(s) inherit the
property without reference to the deceased's will |
|
Judgment |
A decision or decree made by a court of
law |
|
Judgment lien |
A claim against the real property of a debtor,
as decreed by the court |
|
Jumbo loan, or Non-conforming
loan |
A loan amount that exceeds the limits set by the
Federal National Mortgage Association and the Federal Home Loan Mortgage
Corporation; because such loan cannot be funded by these two agencies, it
carries a higher interest rate |
|
Junior mortgage, or Secondary
mortgage |
A mortgage whose claim to repayment is of lesser
priority than another, previously recorded mortgage |
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers?
Do you have a suggestion of a real estate word that should be included?
Let me know! I always appreciate feedback.
|
Beach Cam!
 Click Above!
Live Photos of Residents' Beach
|
Your stellar reputation preceded you
Never before have we dealt with such a professional, enthusiastic and innovative realtor.
Terry & Judy Arnold
Read Quote >
View All Quotes >
|
|
- NUMBER1EXPERT™ 
