Real Estate Glossary |
Use this real estate glossary to research terms you might run across in a real estate transaction.
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| There are 8 entries in the glossary. |
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| Joint Tenancy | A form of co-ownership that gives each tenant equal interest and equal rights in the property, including the right of survivorship. |
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| Joint venture | An equity participation in which a lender puts up funds and others, such as developers, contribute expertise. Other examples include the participation of non-profits agencies with for-profit agencies where one provides the debt and the other the equity. |
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| Joists | Wood beams in a house to which the floor is nailed and the ceiling lath of the floor below is nailed. |
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| Judgment | A decision made by a court of law. In judgments that require the repayment of a debt, the court may place a lien against the debtor's real property as collateral for the judgment's creditor. |
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| Judgment Lien | A lien on the property of a debtor resulting from the decree of a court. |
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| Judicial Foreclosure | A type of foreclosure proceeding used in some states that is handled as a civil lawsuit and conducted entirely under the auspices of a court. |
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| Jumbo Loan | A loan that exceeds mortgage amount limits. Also called a nonconforming loan. |
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| Junior mortgage | Any mortgage on a property that is subordinate to a senior mortgage in priority. |
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Glossary V2.0 |
Real Estate Glossary 
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