judgment lien - a legal document filed to enforce a judgment against the assets of a judgment creditor. The lien does not, in itself, compel sale of the asset. Rather, it places the world at large on notice that the asset is encumbered by the lien. If the asset is sold or otherwise transferred, the lien must be paid. See also writ of execution.

© 2004 Bella Vista Publishing Company, Inc.  ISBN 0-9718225-0-6

.
	Copyright Protection:   This real estate web site is created in the United States of America and protected by copyright laws.  Permission should be obtained prior to any reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording or likewise.
.