Sheriffs Deed


Definition of "Sheriff's deed"

David  Bevan
  First Advantage Realty

Title to property being given under a court order because the original owner failed to pay the mortgage payments and/or real estate taxes. A judgment in a lawsuit may also have forced the original owner to lose the property in order to pay damages. The deed is often associated with a foreclosure.



Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ