| Real Estate
Glossary and Terminology
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(J)
| JOINT
NOTE |
A note signed by two or more persons who
have equal liability for payment. |
| JOINT
TENANCY |
Joint ownership by two or more persons with
the right of survivorship; all joint tenants own equal
interest and have equal rights in the property. |
|
JUDGMENT |
The final determination of a court of
competent jurisdiction of a matter presented to it; money
judgments provide for the payment of claims presented to the
court, or awarded as damages, etc. |
|
JURISDICTION |
The authority by which judicial officers
take cognizance of and decide cause; the right and power which
a judicial officer has to enter upon the inquiry. |
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