Athens Real Estate | Abbreviations, Terms and Phrases
Todd Burton Burton Real Esate Athens Georgia Oconee County Real Estate
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Real Estate 		Burton Realty & Development, Inc. 357 Oak Street Athens, GA 30601
Office: 706-543-0222 Fax: 706-543-8300 		Athens Real Estate Agents
 
 
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Real Estate Abbreviations, Terms and Phrases

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joint tenancy
A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the other owners automatically own the deceased owner's share. For example, if a parent and child own a house as joint tenants and the parent dies, the child automatically becomes full owner. Because of this right of survivorship, no will is required to transfer the property; it goes directly to the surviving joint  tenants without the delay and costs of probate. Contrast with tenancy in common.
judgment
The official and authentic decision of a court of justice concerning the respective rights and claims of the parties to an action or suit.
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uga athens condominiums

GA   GA
athens ga commercial real estate Burton Realty and Development, Inc. 357-A Oak Street - Athens , GA 30601
Office: 706-543-0222 Fax: 706-543-8300
Equal Opportunity
GA   GA

Athens   GA
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Athens Georgia Real Estate | Todd Burton of Athens, GA.
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