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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Written document by an official granting agency and signed by an empowered official certifying that some specific act including the fulfillment of certain requirements has occurred on a ...
Opinion of a judge having no direct legal or binding effect on the outcome of a pending judicial decision. An obiter dictum is considered to be an incidental judicial remark about some ...
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Judicial order prohibiting a person or business from doing something. The court may issue this dictate when unlawful conduct or activity is occurring. ...
See annuity due. ...
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