Real Estate Glossary Better your understanding of the real estate transaction by browsing from A to Z. Or, use the search field to learn about a specific term. A window that consists of vertical rows of horizontal glass slats that operate together by a crank mechanism that connects all the slats. The responsibility of two or more people to fulfill the terms of a home loan or debt. Joint tenancy Ownership by two or more people that gives equal shares of a piece of property.
Rights pass to the surviving owner or owners.
Joist A floor or ceiling support member supported by foundation walls, piers or beams. Subflooring is connected to floor joists. The decision of a court or law. If a court decides that a person must repay a debt, a lien may be placed against that person's property. A procedure to handle foreclosure proceedings as civil matters.