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Lease Definitions & Terms

J

Joint tenants

Two or more landowners who have been specifically named in one conveyance as joint tenants. Upon the death of a joint tenant, the surviving joint tenant or tenants receive the deceased tenant's interest by the right of survivorship, which is the important element of joint tenancy.


Judgment

A formal decision issued by a court relating to the specific claims and rights of the parties to an act or suit.