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| JAMB :
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| The side of a door frame. |
| JOINT TENANCY:
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| A situation where two or more parties own a piece of property together. Each of the owners has an equal share, and may not dispose of or alter that share without the consent of the other owners. |
| JOISTS:
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| Horizontal beams laid on edge to support flooring or a ceiling. |
| JUDGMENT:
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| An official court decision. If the judgment requires payment from one party to another, the court may put a lien against the payee's property as collateral. |
| JUDICIAL FORECLOSURE:
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| A type of foreclosure conducted as a civil suit in a court of law. |
| JUMBO LOAN :
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| A mortgage loan for an amount greater than the limits set by Fannie Mae and Freddie Mac. Often called non-conforming loans. |
