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Real Estate Encyclopedia | Property Law Dictionary | Real Estate Terms | Meanings & Definitions |      Aug 20, 2017

More New Real Estate Terms

jingle mail

The sound of keys being returned through the letter box when an owner leaves his property and hands it back to the lender. This may happen in cases of dire necessity when the owner is unable to make mortgage payments and there is no equity left in the property.
See also recourse.

    Terms in bold are defined elsewhere in the Encyclopedia — more in the User Guide.


    Return to the list of New Real Estate Terms



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