Free Real Estate Vocabulary Flashcards

Pass the real exam by knowing all of the vital real estate vocabulary terms that are crucial to passing the real estate licensing examination. Study all of the important real estate glossary terms and definitions, and pass with confidence!

Joint Estate

See: Joint Tenancy

Joint Note

A promise to pay, executed by two or more persons, each having equal liability See also: Surety

Joint Ownership

Property owned by more than one person or entity

Joint Protection Policy

A policy of title insurance which insures both the owner and the lender under the same policy

Joint tenancy

The ownership of real estate by two or more parties who have been named in one conveyance as joint tenants On the death of …

Joint Tenants

Those holding under joint tenancy See also: Joint Tenancy

Joint venture

The joining of two or more people to conduct a specific business enterprise A joint venture is similar to a partnership in that it …

Jointure

A life estate for a wife which takes effect upon the death of her husband Takes the place of dower, but must be agreed …

Joists

Small beams, usually not more than five inches thick, which are in parallel and support floors and ceilings The joists are supported by larger …

Joists and Rafters (Roofing)

A type of roof frame with joists supported by the outer load-bearing walls, and a central load-bearing wall that acts as the beams do …

Judgement Creditor

A person, corporation, etc, that has been awarded a money judgement by a court Recording and abstract of said judgement will create a lien …

Judgement Debtor

A person, corporation etc, against whom a money judgement has been awarded by a court See: Judgement Creditor