Ownership that involves the acquisition of a specific period of time or percentage of interest in a vacation home or resort. …
Teaser Rate
A low, short-term interest rate offered on a mortgage to entice the borrower. …
Tenancy by the Entirety
Ownership by a husband and wife in which they together hold title to the whole property with right of survivorship. …
Tenancy in Common
A form of ownership in which two or more owners hold an undivided (though not necessarily equal) interest in the property, with no right of survivorship. …
Tenure
A common-law term referring to the way in which a piece of property is held, such as a fee simple or leasehold. …
Terra Cotta
A red, low-fired tile that is a popular roofing material. …