Sheriff's Deed
Definition of "Sheriff's deed"
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.
Popular Real Estate Terms
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Upper layer of ground. ...
Principle stating that the joint tenants must have equal rights to possession of the whole property. ...
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Decision rendered by a court of law. ...
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