Joint Tenancy – Ownership by two or more persons with rights of survivorship; all joint tenants own equal interests and have equal rights in the property; each owner is possessed of an undivided part of the whole.

Joint Venture – A joining of two or more people in a specific business enterprise; similar to a partnership, and generally with no intention of a continuing relationship beyond the original purpose.

Judgment – The final determination of the rights and liabilities of the parties by a court in an action before it.

Junior Lien – A subordinate lien.

Junior Mortgage - A mortgage which is subordinate to prior existing mortgage on the same realty.