| J Terms
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Joint Agent
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One or two or more agents jointly instructed by a principal
to act on his behalf. In the case of estate agents this is
normally on the basis that if any one of the agents effect
the sale, letting or other joint agent(s) will share the remuneration
in agreed proportions. |
Joint Sole Agent
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One of two or more agents jointly instructed as the only
agents entitled to represent the principal. It is customary
for the joint agents to share any commission earned on an
agreed basis, irrespective of which agent effects the sale
or letting. |
Joint Tenancy
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A form of co-ownership that gives each tenant equal shares
and rights in the property including the right of survivorship,
e.g. ownership of a property passes to the surviving owners. |
Judgment
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The official and authentic decision of a court of justice
concerning the respective rights and claims of the parties
to an action or suit. |
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