FIND THE DEFINITION FOR ANY REAL ESTATE TERM
Click on the letters above for terms beginning with that
letter, and then click on the term below.
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real estate or legal advice.)
TENANCY IN COMMON A form of ownership of a property,
held by two or more owners, which allows an equal right to possess the
property, but does not require an equal interest, that the interests were
acquired at the same time or are documented on the same title. A Tenant in Common may sell his or her share
of the property at any time, and upon death, a Tenant in Common may leave his
or her share to whomever he or she wants to.
TESTATE To die with a will.
TESTATOR One who writes a will (the dearly
departed). A woman who writes a will is
called a TESTATRIX.
TOWNHOUSE An attached house. What used to be a ROWHOUSE before marketing people took
over. END-OF-GROUP (EOG) The last
townhouse in a row.