Browse the glossary using this index
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JOINT TENANCY | |
JOINT VENTUREA joining of two or more people in a specific business enterprise. | |
JUDGMENTThe final determination of the rights and liabilities of the parties by a court in an action before it. | |
JUNIOR MORTGAGE | |
JUST COMPENSATIONCompensation that is fair to both the owner and the public in condemnation proceedings. The theory is that to be just, the property owner should be no richer or poorer than before the taking. In Louisiana, just means the entire loss of property to the owner including moving expenses and loss of business. | |