Dictionary Conveyancing Terms
Property Law and Conveyancing Glossary of Terms
| Term | Definition |
|---|---|
| Joint Income | The total gross income of the An agreement between the customer and a bank in the form of a homeloan, whereby the property is used as the security for the loan. It is a legal document that pledges a property to the lender as security for payment of a debt. Afrikaans - Verband ">mortgage applicants. Afrikaans - Gesamentlike Inkomste |
| Joint Venture | An investment entity formed by one or more entities in order to acquire or develop and manage assets. |
| Judgement | A legal recording of a person’s inability to honour a debt. Afrikaans - Vonnis |
