Real Estate Encyclopedia | Property Law Dictionary | Real Estate Terms | Meanings & Definitions Sep 02, 2010

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.


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