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Real Estate Dictionary
Welcome > Resources > Real Estate Dictionary - A

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



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Real Estate Trivia
Q 
What two streets near the Los Angeles Beverly Center were named for a famous husband and wife comedy team?

A 
George Burns Drive and Gracie Allen Way
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Rhonda Rios, REALTOR®, real estate agent and broker for Orange County, Rockland County and Dutchess County, New York home listings, property and land for sale - NUMBER1EXPERT(tm)

Rhonda Rios
Keller Williams

229 Route 32, Suite #1
Central Valley, NY. 10917
Phone: 845-863-4488
Email: rhondarios@NUMBER1EXPERT.com

Rhonda Rios is a full-time, licensed real estate Broker Associate with Keller Williams Realty, Central Valley, N.Y., serving Orange, Rockland, Sullivan, Ulster & Duchess Counties. Her real estate experience dates back to her father being a local builder and her mother a broker. Knowing and living the business, Rhonda decided to take the same career path. Rhonda's most recent awards include Rising Star Award for Listing & Sold Units, Keller Williams Culture Award, Keller Williams Cares Award, Keller Williams "Cappers Club and Agent of the Month.Rhonda is also E-Agent certified, Certified Buyer's Representative and Graduate from the Realtor's Institute. Rhonda's commitment, diligence, enthusiasm and perseverance are key to helping their clients reach their goals.

MLS CBR ePro Equal Housing REALTOR GRI


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