A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z  J JETTY (1)     A pier or other structure (usually of stones), built out into a body of water to hinder the currents and so protect a harbor. (2)     A part of a building which projects out beyond the exterior walls, such as an overhanging second story, a balcony, etc. JOINT APPRAISAL An appraisal by more than one appraiser, but one, which states common conclusions of all. JOINT TENANCY An undivided interest in property, taken by two or more joint tenants. The interests must be equal, accruing under the same conveyance, and beginning at the same time. Upon the death of a joint tenant, the interest passes to the surviving joint tenants, rather than to the heirs of the deceased. JUDGMENT (JUDGEMENT) The decision of a court of law. Money judgments, when recorded, become a lien on real property of the defendant JUDGMENT LIEN A lien against the property of a judgment debtor. An involuntary lien. JUDGMENT PROOF One against whom a judgment creditor cannot collect (no assets). If one can show he was defrauded by a "judgment proof" real estate licensee, he may recover from the state fund in states having such a fund. JUMBO VA LOAN A loan for an amount greater than the allowable 100% financed amount. It is determined by subtracting the maximum allowable 100% financed amount from the purchase price and financing 75% of the difference. Example: maximum allowable VA Loan=$110,000. Sale price-$130,000. Difference $20,000; 75% of the difference is $15.000. Total jumbo loan-$110,000 plus $15,000 = $125.000. Required down payment-$5.000. JUST COMPENSATION In condemnation the amount paid to the property owner. The theory is that in order to be "lust:" the property owner should be no richer or poorer than before the taking.