FIND THE DEFINITION FOR ANY REAL ESTATE
TERM
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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.
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