Property and real estate glossary
There are 150 entries in this glossary.J
| Term | Definition |
|---|---|
| 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. |
| JUCICIAL FORECLOSURE |
A type of foreclosure conducted as a civil suit in a court of law. |
| JUDGEMENT LIEN |
A lien against the property of a judgment debtor. An involuntary lien. |
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