Definition of kismet for English Language Learners. : a power that is believed to control what happens in the future.
When the judge issues a decision, if it is favorable to the lender, it is called a judgment. The Final Judgment. The final judgment is the written determination of the foreclosure lawsuit by the presiding judge. It is issued at the end of the lawsuit, assuming the foreclosure is granted, and effectively ends the case. The party against whom the final judgment is made may appeal the decision to a higher court. After the Judgment
The foreclosing party must notify all affected tenants of the outcome of the foreclosure judgment. There is typically a lapse between the final foreclosure judgment â which revokes ownership from the landlord â and the foreclosure sale, which completes the sale and transfer of title to a new owner.