Definition Judgement Real Estate

There are five main categories of real estate.

Definition judgement real estate. Explaining judgment lien term for dummies. Get the definition of judgment lien and understand what judgment lien means in real estate. A judgment lien can when entered by a court after a suit affect all the real and personal property of one who fails to pay a debt such as a promissory note to a bank credit card balance or judgment for injury the person may have caused. Get the definition of deficiency judgment and understand what deficiency judgment means in real estate.

The definition of puffing in real estate also known as puffering is an exaggeration of fact bordering. Additionally examples will be provided that will give the reader a firm grasp on what abstract judgment in real estate. Attachment is the physical seizure of property owned by the losing party by a law officer usually a sheriff who gives the property to the person holding the judgment. The real estate cannot be sold until the judgment holder is paid.

Real estate is a class of real property that includes land and anything permanently attached to it whether natural or man made. Other interests liens mortgages etc are described. Definition of default judgment pamela dubois real estate agent re max realty services 1 judgment against a defendant who does not respond to the plaintiffs lawsuit or fails to appear in court at the hearing or trial date. Get the definition of abstract of judgment and understand what abstract of judgment means in real estate.

Explaining abstract of judgment term for dummies. Explaining deficiency judgment term for dummies. The summary real estate disposition judgment sredj is a court judgment often created in divorces involving real estate. Generally the sredj identifies who has been awarded an interest in one or more parcels of real estate.