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Joint Rate

A single rate between an origin and destination point offered by two or more connecting carriers.

Joint Tenancy

Joint ownership by two or more persons having equal rights in the property. If one owner dies, the surviving owner receives that share. Also called Tenancy by the Entirety.

Judgment Lien

A lien on a property resulting from a judicial decision.

Junior Mortgage

A mortgage second in lien to a previous mortgage. A Second Mortgage.