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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. |
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Joint liability
The responsibility of two or more people to fulfill the terms
of a home loan or debt. |
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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. |
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Joist
A floor or ceiling support member supported by foundation
walls, piers or beams. Subflooring is connected to floor joists. |
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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. |
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Judicial foreclosure
A procedure to handle foreclosure proceedings as civil matters. |
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Jumbo mortgage
Loans that exceed limits set by Fannie
Mae and Freddie
Mac. The current limit is $300,700.
apply
for a mortgage |
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Junior mortgage
A loan that subordinate to the primary loan. |
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