Real Estate Glossary J

Click on the beginning letter of the real estate term to find the definition.

A B C D E F G H I L M N O P Q R S T U V W Y

Joint Note: A note in which there are two or more makers who share equal liability on it.

Joint Tenancy: Ownership of property by two or more persons, each of whom has an undivided interest with the right of survivorship.

Joint venture: A business entity established for a specific task, operation, or goal.

Judgment: A final determination by a court of law. Most often, a judgment is for a sum of money.

Junior Lien: An inferior or subordinate lien. ie. a second deed of trust is a junior to a first trust deed.