Definition of "Joinder"
Any of several types of legal joinders whereby one or more parties unites with or joins other parties in a legal action or proceeding even though the party may not be a direct part of the action or proceeding. A third party has a supervisory interest in an action, but does not have a direct interest to the action. For example, a guardian is appointed by the courts to oversee the property interests of a minor. The minor agrees to sell a parcel property to another party and the guardian enters into a joinder agreement approving the sale of the property. Examples of legal joinders include collusive joinder, compulsory joinder, joinder in demurrer, joinder in issue, joinder in pleading, joinder of claims. joinder of defendants, joinder of parties, joinder of remedies, and permissive joinder.
Popular Real Estate Terms
A lessening in the inflation rate. This may occur during a recession when insufficient demand prevents sellers from passing on higher prices to prospective buyers of houses. See also ...
Something coming before. Examples are the year before, first lien on property, and previous owner of property. ...
One who has committed a tort. A tort is a civil wrong that occurs as a result of a breach of legal duty owed to someone, e.g., negligence. A tort does not arise from a breach of contract. ...
Local group of real estate brokers who are members of the State and National Board of REALTORS®. Meets regularly with their membership and helps determine licensing requirements as well as ...
Doing business as, or DBA, means an official moniker for your enterprise or company. Regularly, a DBA is a state certificate serving as a registration name and issued under a ...
Passing of title to property that is in fact not valid. ...
Under current tax law, real estate is depreciated under either the straight-line method or modified accelerated cost recovery system (MACRS) method. See also MACRS. ...
A lien that makes property security for the repayment of debt. Mortgages can finance the acquisition of real estate such as a home. A mortgage has certain benefits compared to other debt ...
Early American style 1 story house with a steep gable roof covered with shingles. The bedrooms are on the first floor, but the attic is often finished and made into additional bedrooms. ...
Have a question or comment?
We're here to help.