Real Estate Glossary

joint tenancy
Ownership of a property by two individuals. If one individual dies, the other owns the property entirely based on the "right of survivorship".
judicial foreclosure
A court action taken to collect a debt owed.
jumbo loan
A mortgage of $25,000 or more. Such loans often have a higher interest rate.

137 Hana Highway Suite B-1
P.O. Box 790267
Paia HI, 96779
Licence: RB-20421
(808) 579-9283
Info@BigWaveRealty.com
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