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- Tenants in Common
- Tenants in common is a type of joint ownership wherein two or more people share equal or uneven parts of a property. It is different from joint tenancy in that the shares don't have to be equal, and ... view full definition of "Tenants in Common"
- Term
- Term refers to the time frame during which a loan is expected to be fully paid. It is determined based on the minimum monthly payments, and may be reduced by making additional repayments if the lende... view full definition of "Term"
- Term Deposit
- A term deposit is a bank account that gives you a fixed interest rate for a predetermined period, usually from one to three years. Basically, you commit your funds to the bank for a certain period an... view full definition of "Term Deposit"
- Title Fees
- The title fee is a state tax paid for the title search for the registration of a mortgage or sale, transfer, or discharge of a property. The title search is a mandatory step wherein all aspects of th... view full definition of "Title Fees"
- Title Search
- The title search is the process of investigating a land title to make sure the holder is a legal vendor; that is, there are no restrictions on ownership or encumbrances to the sale. This usually incl... view full definition of "Title Search"
- Torrens Title
- A Torrens title is the simplest and most common form of property ownership in Australia. In a Torrens title, registration on the Certificate of Title entitles you to full ownership of the property, w... view full definition of "Torrens Title"