Joint Tenancy
Joint tenancy is a form of property ownership in which two or more individuals own a property with equal interest and enjoy equal rights to
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Joint tenancy is a form of property ownership in which two or more individuals own a property with equal interest and enjoy equal rights to
Joint tenants with rights of survivorship (JTWROS) describes a form of property ownership in which a co-owner is automatically granted ownership of an asset when
Joint liability is the state of two or more people who are equally responsible for paying back a debt. If someone applies for loan, such
Local governments often charge impact fees to help fund infrastructure improvements. They typically collect these fees from developers, because new construction requires the expansion and
A homeowners association (HOA) is an organization in a subdivision, planned community or condominium that makes and enforces rules for the properties and their residents.
A grantor refers to a person or institution that conveys ownership of a property. It is also an entity that creates a trust, also known
This is used to convey the title on real property that is given for no consideration or for only a token consideration. In some states,
A first lien is the first to be paid when a borrower defaults and the property or asset was used as collateral for the debt.
These deeds are most frequently used when the seller is acting in a fiduciary capacity, such as the executor or administrator of an estate or
Fee simple defeasible is a legal term and type of property ownership, where the ownership is dependent on specific conditions. If the conditions of ownership
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