Joint Tenancy - A form of co-ownership that gives each tenant equal undivided interest and equal rights in the property, including the right of survivorship.

Judgment Lien - A lien on the property of a debtor resulting from a judgment.

Judicial Foreclosure - Type of foreclosure proceeding used in some mortgage states that is handled like a civil lawsuit and conducted entirely under the direction of a court.

Jumbo Mortgage - A loan that exceeds the maximum loan amount allowed by the most common mortgage investors. The cost of obtaining a jumbo mortgage is generally higher than the cost of obtaining a conforming mortgage. Also known as a non-conforming loan.

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