What is defined as a legal claim against property resulting from a court ruling?

A judgment lien is indeed defined as a legal claim against property that arises from a court ruling. When a court issues a judgment against a debtor, the creditor can place a lien on the debtor's property to ensure that the debt is secured and can be collected. This type of lien attaches to the property, allowing creditors to seek satisfaction of the judgment through the sale of the property if the debt remains unpaid.

This type of lien is particularly important as it provides a legal mechanism for creditors to enforce a court's decision. It demonstrates the creditor's legal right to the property, which can influence the ability of the property owner to sell or refinance the property until the debt is settled. In this context, a judgment lien serves as a significant tool for creditors and plays a vital role in enforcing financial responsibility as determined by the judicial system.