Abstract of Judgment

A full summary by the court of a judgment. It becomes a general lien on all of a debtor's property in the county where it is recorded.

In some states, such as Texas, an abstract of judgment is a specific type of document provided either by the court clerk or by an attorney which is used to prove that a judgment has been rendered. The abstract may then be filed in another jurisdiction, where it constitutes notice of a "judgment lien" on the debtor's real property, thereby preventing the transfer of that property until the judgment has been paid. This process was described by the Supreme Court of the United States in 1987:

See Tex. Prop. Code Ann. § 52.002 (1984) (directing clerk to issue an abstract of the judgment "on application of a person in whose favor a judgment is rendered"; no exception for superseded judgments); Thulemeyer v. Jones, 37 Tex. 560, 571 (1872). The bond's only effect would be to prevent Pennzoil from executing the judgment and obtaining Texaco's property.

Didn't find what you were looking for? Use this search feature to find it.