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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 
The upper walls of what famous holy temple are lined with gold?

A 
The Golden Temple in Amritsar, India is the most sacred temple and spiritual center of the Sikhs.
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Delegal Group, REALTOR®, real estate agent and broker for Jacksonville, Clay County and St. Johns County, Florida home listings, property and land for sale

Hickory and Donna Delegal of the Delegal Group
Oceanside Real Estate

424 East Monroe St.
Jacksonville, FL 32202
904-732-7225
Donna Delegal: startpacking@comcast.net
Hickory Delegal: h.delegal@comcast.net

Hickory and Donna Delegal are experienced real estate agents who are committed to serving your needs. Whether you are looking for a new home, relocating to this area, or need to sell your home -- we are the ones to see! Call us today! (904)732-PACK (904-732-7225)

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