What does Consent Judgment mean?

A consent judgment is a legal decision made by a court in which both parties agree to the terms and conditions without a trial. In real estate, a consent judgment might be used to resolve a dispute between a homeowner and a lender, for example.

Related Terms

Annual Mortgagor Statement Turnkey Blighted Area Implied Warranty of Habitability Note Rate Secondary Mortgage Market No Cash-Out Refinance Treasury Index Semi-Custom Home Group Home Contract To Purchase Secured Loan Two- To Four-Family Property Community Property Conditional Commitment Title Contingency Gross Up Purchase Agreement