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Joint Ownership Agreement |
An agreement made between two or more owners of
the same property, defining their rights and responsibilities (e.g. recommended
in the case of married owners of property)
See Equity
sharing |
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Joint tenancy, or Tenants by the
entirety |
Ownership of real estate by two or more parties
held jointly for life; if one of the owners dies, the survivor(s) inherit the
property without reference to the deceased's will |
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Judgment |
A decision or decree made by a court of
law |
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Judgment lien |
A claim against the real property of a debtor,
as decreed by the court |
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Jumbo loan, or Non-conforming
loan |
A loan amount that exceeds the limits set by the
Federal National Mortgage Association and the Federal Home Loan Mortgage
Corporation; because such loan cannot be funded by these two agencies, it
carries a higher interest rate |
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Junior mortgage, or Secondary
mortgage |
A mortgage whose claim to repayment is of lesser
priority than another, previously recorded mortgage |
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Did We Miss the Word YOU Are Looking For? Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let us know! We always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...
| Q |
What is one of the most unusually shaped buildings in the world?
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| A |
The all-suite Arabian Tower hotel near Dubai is 1,052 feet tall, built on a man-made island and shaped like a boat sail.
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 See More Real Estate Trivia > |
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Bonnie Mullinax and The Mullinax Team
Keller Williams Realty Northwest
103 Mockingbird Drive, Suite A
Cartersville, GA. 30120
Phone: 770-606-0054
Fax: 678-605-8041
Email: info@mullinaxteam.com
Bonnie started out in 1988 as a stand-alone Real Estate Agent. She observed trends, needs and combined empathy for her clients needs with her tough negotiating skills. Because she understood and still understands the emotional rollercoaster ride home selling and purchasing can be, she fought for the best deal possible for her buyers and sellers. Bonnie quickly gained a reputation for being honest, hardworking and successful with her clients, and her business grew.
In 1998, she added a Client Care Coordinator, and soon after buyer agents and other people in administrative roles around her, and thus The Mullinax Team was born!
Today, Bonnie and her husband, Wes, run the Mullinax Team. She lists homes and negotiates short sales, mentors team members, provides training opportunities, oversees the marketing, speaks nationally at various Real Estate events and coaches Real Estate agents. She has brought her team to the top, producing volume and sales consistently to date.     
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