• Home loan terms and mortgage definitions

  • The language and jargon used in purchasing a property can be very confusing. Here's an A-Z glossary of commonly used words and phrases, with easy-to-understand definitions for each one.
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  • J


    • Joint tenants

      The equal holding of property between two or more persons. If one party dies, their share passes to the survivor(s). Property held under joint tenancy cannot be bequeathed under a will.