Vocabulary J Flashcards
(3 cards)
1
Q
Joint tenancy
A
Title is held by multiple persons, but as if the owner was one person
2
Q
Judgement lien
A
General, equitable, involuntary lien that attaches to a debtors real and personal property
3
Q
Junior mortgage
A
Any mortgage loan that is subordinate in priority to another mortgage. They carry a higher mortgage
