Joint Tenancy
Joint Tenancy Ownership of a property by 2 or more people, each of whom has an undivided interest with the right of survivorship. Example : Two people own a house in joint tenancy. Each owns half of the entire (undivided) property. If one dies, survivor will own the entire ... more...

Reverse Mortgage
Reverse Mortgage, Reverse Annuity Mortgage, RAM A form of mortgage in which the lender makes periodic payments to the borrower using the borrower's equity in the home. A mortgage used by the elderly that provides income as a way of converting their home equity into a ... more...