Doug Barry, Associate Broker
   LONG & FOSTER REAL ESTATE, INC.

                     Licensed in Maryland
  Direct Line 410-207-4751  Office 410-583-5700  

 

        


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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.

Don’t see a term here?  Feel free to ask us.  (Unfortunately, however, we cannot give you 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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