Land Contract
Land Contract
A contract selling arrangement whereby the buyer may use and occupy land, but no deed is given by seller until the sales price has been paid.
Also commonly called a conditional sales contract, installment sales contract or real property sales contract, used ...
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Contract Sale, Deed
Contract
Sale or Deed
A
contract between purchaser
and a seller
of real
estate to convey title after certain conditions have been met. It
is a form of installment sale.
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