Definition of "Judgment"
- A judicial ruling in which the rights and claims of the parties have been considered.
- A final ruling on some aspect formed after all the facts have been taken into account.
- In Real Estate, a court order placing a financial indebtedness on another to pay for a claim. For example. John does not meet his rental obligations to Brian. The court issues a judgment against John brought by Brian.
Popular Real Estate Terms
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Something that is of good value for the money and an attractive deal. ...
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A wall or roof which extends beyond a lower wall. ...
Total expenditure to modernize a building to meet the owner's or tenant's needs. ...
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