What does Abstract of Judgment, Law mean?
A summary of a court judgment or ruling that has been recorded in public records. This document provides information about the case and the outcome, and can be used as evidence in future legal proceedings. Abstracts of judgment are typically used in real estate transactions to ensure that the property being purchased does not have any outstanding legal issues or liens.
Related Terms
Title Risk
Agency Closing
Borough
Origination Fee
Certificate of Title
Planned Communities
Personal Property
Mechanical Systems
Georgian Style
Maintenance & Emergency Repairs
Down Payment
Environmental Impact Statement
Agreed Boundary
Accelerated Cost Recovery System
Variable Rate
Income Property
Backup Offer
Open House