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
After the abstract of judgment is filed in the county where the real property is owned, the filing creates a lien on the property. The lien remains on the property until the property is sold, at which time the judgment must be paid to legally transfer the title of the property to the new property owner.