"J" Vocab Flashcards
1
Q
Joint Tenancy
A
co–ownership that gives each tenant equal interest and equal rights in the property, including the right of survivorship
2
Q
Judgement
A
a decision rendered by court determining the rights and obligations of parties to an action or lawsuit
3
Q
Judgement Lien
A
a lien on the property of a debtor resulting from a court judment
4
Q
Junior Mortgage
A
any mortgage that in inferior to a first lien and that will be satisfied only after the first morgage
