Real
Estate Glossary > J
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
Y ou are
here : Home
> Real Estate
Glossary > J
Jack plane
A woodworker's tool designed for shaving off small amounts
of wood.
Jalousie window
A window consisting of vertical rows of horizontal glass slats
that operate together by a crank mechanism connecting all
the slats.
Jamb
A surface that lines an opening for a door.
Joint liability
The responsibility of two or more people to fulfill the terms
of a home loan or other financial debt.
Joint tenancy
Ownership by two or more people that gives equal shares to a
piece of property. Rights pass to the surviving owner
or owners.
Joist
Part of the framing that provides the structure for a floor.
Judgment
A decision by 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 way to handle foreclosure proceedings as civil matters.
Jumbo loan
Loans that exceed the conforming limits set annually by Fannie
Mae & Freddie Mac.
Junior mortgage
A loan that is subordinate to the primary loan.
^ Go to top
|
