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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 |
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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 |
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Judgment |
A decision or decree made by a court of
law |
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Judgment lien |
A claim against the real property of a debtor,
as decreed by the court |
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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 |
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Junior mortgage, or Secondary
mortgage |
A mortgage whose claim to repayment is of lesser
priority than another, previously recorded mortgage |
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Did I Miss the Word YOU Are Looking For? Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'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 me know! I always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let me know! I'm happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly...
| Q |
What is currently the most technologically advanced way to vacuum your home?
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| A |
The self-propelling Dyson DC06 scans and maps a room with sensors and is controlled by built-in computers that prevent it from falling downstairs. |
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Karlen Tinti Lake Team Realty 13860 Booker T. Washington Hwy. Suite 100 Smith Mountain Lake, VA. 24121 800-861-4224 540-420-4021 540-576-2200 Fax: 540-576-5048 Email: yourlakeconnection@NUMBER1EXPERT.com
I am Karlen Tinti, Associate Broker, with Lake Team Realty, RELATORS, award winning agent and your FULL time Realtor here at Smith Mountain Lake. I hold a Virginia Broker's license, and I am dedicated to providing the finest service available. Having helped numerous clients purchase property, I go the extra mile to help you achieve your goals. I make it a priority to provide you with up-to-date information regarding local real estate values, taxes, municipal services, and most importantly, local-zoning changes that can influence your real estate choices.
Imagine waking up each morning to a beautiful lake view. I have enjoyed living at Smith Mountain Lake for over ten years. I would welcome the opportunity to show you what this unique area has to offer. Smith Mountain Lake offers a variety of activities that include all types of boating, fishing, swimming, water skiing, parasailing, golf, hunting and more. My specialty is waterfront homes and building sites. For lake living at its best, visit my website and call or email me today for a complete information package on this beautiful lake nestled in the magnificent Blue Ridge Mountains of Virginia.   


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