JOINT TENANCY >> A form of holding title in which the property is owned by 2 or more persons who may have rights of survivorship.

JUDGMENT >> The decision of a court of law; debts resulting from a court order for payment. Money judgments, when recorded, become a lien against the defendant’s property.

JUDICIAL FORECLOSURE >> A court supervised foreclosure process used in states using a mortgage or security deed.

JURAT >> A certificate attached to a document stating where, when, before whom and by whom the document was signed.

LAND >> Undeveloped land.

LAND BURDEN >> An agreement granting limited permission to use the property.

LAND CONTRACT >> An installment contract for sale with the buyer receiving equitable title and the seller retaining legal title .