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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 |
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Did I Miss the Word YOU Are Looking For? Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let me know! I always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let me know! I'm happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly...
| Q |
Where is the world's largest dome?
|
| A |
The Louisiana Superdome, with a diameter of 680 feet, is located in New Orleans, Louisiana. |
 See More Real Estate Trivia > |
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Robert Freedman
RE/MAX Beach Cities Realty
1001 Manhattan Beach Bl
Manhattan Beach, CA. 90266
Cell: 310-291-7779
Office: 310-303-3333 X122
Fax: 310-303-3335
Email: rob@letfreedmanring.com
After more than thirty years selling real estate full time in the South Bay, Robert Freedman's reputation generally precedes him. He is known as a fair but aggressive protagonist for his client's objectives.
Robert's background of architecture at Cornell University has served his clients well. He brings lots of creativity to the table, especially in visualizing remodeling possibilities and analyzing building projects.
His negotiating skills are second to none. Contact him via e-mail today! Robert, or a successful member of the dynamic team at the Office of Robert Freedman will get back to you immediately.   
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