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Abstract Of Judgment
Category - Real Estate Almanac - Glossary of Terms
1.  A summary of the essential provisions of a money judgment by a court that when recorded in the recorder's office becomes a lien on the debtor's presently-owned or after-acquired property.

2.  The essentials of a money judgment obtained via an adjudicated lawsuit. When an abstract is recorded in the recorder's office, the judgment becomes a general lien on the entire debtor's property located in that particular county.


References
 
Category(s)
Real Estate Almanac - Glossary of Terms
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