Definition of "Declaratory judgment"
Bonny Rich-Carper, Real Estate Agent
Century 21 Jim White &. Associates
A binding judicial determination of the rights and standing of litigants. A declaratory judgment does not result in any relief for the action brought before the court. It merely determines whether there is a justifiable action between the litigants. A Subsequent judicial action between the parties determines any relief on the declared justifiable action.
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