A mortgage payment that is made up partly of the principal and party of the interest is known as a An interest in real property that exists only during a person's lifetime is known as in the property. (Two words)his lease to another person is transferring his entire leasehold interest to that person. Real property occupied by a husband and wife is known as the S- (two words) A person who owns a exclusive ownership of a specific part of a large project and also shares ownership as a tenant in common of certain common areas in that project. when two or more people own real property together in such a way that there is a right of survivorship. (Two words) The date at which the vendor's obligations end and the purchaser's obligations begin is the Transferring a mortgagor's obligations under a mortgage to another mortgagor is called_ mortgage. of a mortgage over a fixed time so that the principle and interest are being paid down. When someone occupies real property and displaces the true owner, this is known as (two words)