Dictionary

Definition:   a nonamortizing loan that normally calls for repayment of the principal in full at the end of the loan term Pronunciation:    \ˈtərm\ \ˈmȯr-gij\ Used in a Sentence:    Our term mortg...

Definition:   a form of ownership by two or more persons each having an equal or unequal interest and passing the interest to heirs, not to surviving tenants Pronunciation:   \ˈte-nənt\   \ˈkä-mən\...

Definition:   a person or party with rights of occupancy or possession of real property Pronunciation:   \ˈte-nənt\ Used in a Sentence:   A tenant is now leasing the apartment.

Definition:   an estate created by husband and wife jointly owning real property with instant and complete right of survivorship Pronunciation:    \ˈte-nən(t)-sē\  \in-ˈtī-rə-tē\ Used in a Sentence...

Definition:    an estate that may be terminated by either party at any time upon proper notice; nonfreehold estate Pronunciation:   \ˈte-nən(t)-sē Used in a Sentence:   In a tenancy at will there i...

Definition:   an estate lawfully acquired for a temporary period of time but retained after a period of lawful possession has expired; nonfreehold estate Pronunciation:   \ˈte-nən(t)-sē\  \ˈsə-f(ə-...

Definition:   the estate or rights of a tenant Pronunciation:  \ˈte-nən(t)-sē\ Used in a Sentence:    A tenancy at will is a lease agreement that has no fixed termination date.

Definition:   the initiation of a telephone call for the purpose of encouraging the purchase of, or investment in, property, goods, or services. Pronunciation:   \sə-ˌli-sə-ˈtā-shən\ Used in a Sent...

Definition:  a term used to describe some tax advantages of owning real property (or other investments); an investment that shields items of income or gain from payment of income taxes Pronunciatio...