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GLOSSARY OF REAL ESTATE TERMS

 
 
 
 
 
 
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Joint tenants. Two or more landowners who have been specifically named in one conveyance as joint tenants. Upon the death of a joint tenant, the surviving joint tenant or tenants receive the deceased tenant's interest by the right of survivorship, which is the important element of joint tenancy.

Judgment
A formal decision issued by a court relating to the specific claims and rights of the parties to an act or suit.















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