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
Contractual provision requiring apportionment. ...
Interest is due on a loan only if a particular circumstance occurs. ...
In conducting a real estate transaction, each party is presumed honest and fair with no deceit. The intentions are honorable and realistic. If deception occurs without prior knowledge, the ...
Equals the tax divided by taxable income. Foe example, if the tax is $30,000 on taxable income of $120,000 the effective tax rate if the business is 25% ($30,000/$120,000) ...
Fluctuation in sales, profits, rat of return, etc. Likelihood of declining value. ...
Approach to appraise rental property based on anticipated future earnings to be derived from it plus the estimated selling price at the end of he period held. ...
An agreement, debt, or low which can be operationalized, fulfilled, completed, or performed. ...
Founded in1934 and located in Chicago, IL with a 1993 membership of 8,300, the IAAO seeks to ameliorate assessment standards as well as to perform ongoing property assessment research. The ...
Square footage of space a parcel of land has. ...
Have a question or comment?
We're here to help.