| Joint Loans |
Loans that are for a veteran and a non-veteran (who is
not the veteran's spouse) OR two or more individual veterans taking
title together and each using an equal portion of his/her available
eligibility to guarantee the loan.
|
| JOINT OWNERSHIP |
Legal title shared by 2 or more persons or entities. Such as joint
tenancy, tenancy in common and community property.
|
| Joint Tenancy |
Joint ownership by two or more persons giving each
tenant equal interest and equal rights in the property, including the
right of survivorship.
|
| Judgment |
Final determination by a court of the rights and claims of
the parties to an action.
|
| Judgment Lien |
Lien upon the property of a debtor resulting from the
decree of a court.
|
| Judicial Foreclosure |
Type of foreclosure proceeding used in some
states that is handled as a civil lawsuit and conducted entirely under
the auspices of a court.
|
| Junior Lien |
Any lien that is subsequent to the claims of the holder of
a prior (senior) lien.
|
| JURAT |
| A certificate attached to a document stating where, when, before whom
and by whom the document was signed. |
