Look for words, Phrases & Definitions in Alphabetical Order:
J
Jamb - The side of a door frame.
Joint Tenancy - A situation where two or more parties own a piece of property together. Each of the owners has an equal share, and may not dispose of or alter that share without the consent of the other owners.
Joists - Horizontal beams laid on edge to support flooring or a ceiling.
Judgement - An official court decision. If the judgment requires payment from one party to another, the court may put a lien against the payee's property as collateral.
Judicial Foreclosure - A type of foreclosure conducted as a civil suit in a court of law.
Jumbo Loan - A mortgage loan for an amount greater than the limits set by Fannie Mae and Freddie Mac. Often called non-conforming loans