Compare three mortgages at one time. Download TripleCalc now. It's free.

Find Out More >
Download Now >

See the nation's top rated reports for Schools in Montgomery County, Rockville and Silver Spring >

Diane Hayes is one of The Top Selling Real Estate Experts™
Find Out More >

All agents are NOT alike! Find out why we are top real estate experts. Call us: 301-428-0010.

Find Out About the Latest Homes for Sale First!
We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
Find Out More >
View All Offers >

Coming Soon
Find Out More >

Coming soon!
Read Quote >

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

Did We Miss the Word YOU Are Looking For?

Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'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 us know! We always appreciate feedback.

Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...

	About You
* Your Name:
* Your Email Address:
Your Street Address:
City:
State/Province:
Country:
Zip/Postal Code:
Phone:
	Additional Info
Ask Your Question Here!
Send Latest Listings:
Send Latest News:

*Please note that fields marked with an asterisk are required.

Quick Response Guarantee >
Your Privacy Is Guaranteed >
Free & Without Obligation >

Q	Fewer than 2 percent of homeowners build this type of home:
A	Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu.
See More Real Estate Trivia >

Diane Hayes, REALTOR®, real estate agent and broker for Montgomery County, Rockville and Silver SpringMaryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Diane Hayes
RE/MAX Premiere Selections
11325 Seven Locks Road #217
Potomac, MD 20854
Tel: 301-428-0010
Fax: 301-299-1004
Email: dianehayes@NUMBER1EXPERT.com
Diane has been helping buyers and sellers with their real estate needs since 1981 and would love to help you.

www.InformationOnRealEstate.com is brought to you by Diane Hayes, land and farms, condos
NUMBER1EXPERT™ in real estate for Montgomery County, Rockville and Silver Spring, Maryland

Read Diane Hayes' Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge