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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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Robert Lindsay - Licensed Real Estate Agent Coldwell Banker Residential Brokerage 1410 Valley Road Wayne, NJ. 07470 Office: 973-694-8000 x175 Direct: 973-692-3535 Voice Pager: 973-806-3319 Fax: 973-694-4983 Email: info@BobLindsay.net
Robert Lindsay...Energy & Experience serving the Wayne area along with most of Passaic & Morris County. Bob has been recognized as one of North Jersey's Top Producers since he entered the business in 1976. The Number One Agent in Coldwell Banker's Wayne Office each year since he joined the company, he is a Platinum Level Award Winner of the NJAR Circle of Excellence signifying annual sales in excess of $25,000,000. He is a member of Coldwell Banker's International President's Elite, which is comprised of the top one percent of the company's sales force nationwide. Call or email Bob today for a confidential real estate consultation. He and his Team of agents can bring a level of competence, experience, and professionalism to your real estate experience that is unmatched in the Wayne area.
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