In Louisiana, it is the lien resulting from judgments, whether these be rendered on contested cases, or by default, whether they be final or provisional, in favor of the person obtaining them. Civ. Code of Lo. art. 3289. … [Read more...]
JUDICIARY ACT
The name commonly given to the act of congress of September 24, 1789, (1 St at.Large, 73,) by which the system of federal courts was organized, and their powers and jurisdiction defined. Judiciis posterioribus fides est adhibenda. Faith or credit is to be given to the later judgments. 13 Coke, 14. … [Read more...]
JUMBO LOAN
A mortgage loan in excess of the amounts guaranteed by the Federal Housing Administration. … [Read more...]
JUDICIAL NOTICE
When a court accepts knowledge that is so common and well accepted without needing evidence to be presented in order to establish the truth of the matter, e.g. water freezes at 32 degrees Fahrenheit. … [Read more...]
JUDICIIS POSTERIORIBUS FIDES EST ADHIBENDA
Latin, meaning Faith must be given to later decisions. … [Read more...]