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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
| Jalousie window |
A window that consists of vertical rows of horizontal glass slats that operate together by a crank mechanism that connects all the slats. |
| Joint liability |
The responsibility of two or more people to fulfill the terms of a home loan or debt. |
| Joint tenancy |
Ownership by two or more people that gives equal shares of a piece of property. Rights pass to the surviving owner or owners. |
| Joist |
A floor or ceiling support member supported by foundation walls, piers or beams. Subflooring is connected to floor joists. |
| Judgment |
The decision of a court or law. If a court decides that a person must repay a debt, a lien may be placed against that person's property. |
| Judicial foreclosure |
A procedure to handle foreclosure proceedings as civil matters. |
| Jumbo mortgage |
Loans that exceed limits set by Fannie Mae and Freddie Mac. The current limit is $214,600. |
| Junior mortgage |
A loan that subordinate to the primary loan. | |
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