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
Geographic location that is gradually being developed as an urban area. ...
Individual or business to which all rights (usually intangile) to property have been transferred. ...
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Building with large unpartitioned floors areas often used for storage. ...
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Person's sole ownership of real property. ...
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