JAMB
The side of a door frame.

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JOINT TENANCY
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.

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JOISTS
Horizontal beams laid on edge to support flooring or a ceiling.

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JUDGMENT
An official court decision. If the judgment requires payment from one party to another, the court may put a lien against the payees property as collateral.

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JUDICIAL FORECLOSURE
A type of foreclosure conducted as a civil suit in a court of law.

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JUMBO LOAN
A mortgage loan for an amount greater than the limits set by Fannie Mae and Freddie Mac. Often called non-conforming loans.