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J

Joint tenancy An equal undivided ownership of property by two or more persons whose survivors take the interest upon the death of any one of them.

Judgment lien Lien upon the property of a debtor resulting from a decree of the court.

Judicial foreclosure A type of foreclosure proceeding used in some states that is handled as a civil lawsuit and conducted entirely under auspices of a court.

Junior mortgage A lien subsequent to the claims of the holder of a prior (senior) mortgage.