CREDITOR'S RIGHTS Flashcards

1
Q

A tort victim obtained a money judgment of $250,000 in the Roanoke City Circuit Court against a tortfeasor. The judgment was docketed by the court clerk. Prior to the initiation of this tort action, the tortfeasor owned a residence in Roanoke City. Shortly after the judgment was docketed, the tortfeasor sold this residence for $200,000 and purchased another residence in Roanoke City for $300,000. Which of these residences is subject to the judgment lien?

A

The judgment lien is attached to both residences.

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2
Q
A
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