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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 |
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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 |
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Judgment |
A decision or decree made by a court of
law |
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Judgment lien |
A claim against the real property of a debtor,
as decreed by the court |
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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 |
What famous antebellum mansion was known as the "Queen of Tennessee Plantations"?
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| A |
Belle Meade Plantation was a prosperous 5,400-acre thoroughbred horse farm in the mid 1800's. The Civil War Battle of Nashville was fought in its front yard. |
 See More Real Estate Trivia > |
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Andrew Malone
RE/MAX Around Atlanta
240 Sandy Springs Place
Atlanta, GA 30328
Cell: 404.246.3265
Office: 404.252.7500
E-fax: 800.385.1350
Fax: 404.974.4930
Email: andrewmalone@NUMBER1EXPERT.com
Email: amalone@remax.net
Email: remaxofatlanta@gmail.com
I am a Cum Laude graduate from Georgia State University with a degree in Finance and Marketing. I began my real estate career after graduating from college at the age of 23. I have been an individual practitioner in real estate for 9 years with RE/MAX in Atlanta, Georgia. I have helped over 250 familes find homes and average 30 home sales/year. My successes include: Presidents club –1 year, 100% club – 5 years, Platinum club – 1 year, Top New Agent 2004, #2 Agent in office 2006, #1 Agent in office 2007 & 2008, Top Team 2009 & 2010, Real Estate Lifestyle Magazine – Rising Real Estate Star 2007, Jezebel Magazine - Who's Who in Atlanta 2010.     
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