land contract — n: land installment contract at contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Land contract — A land contract (sometimes known as a “contract for deed” or an “installment sale agreement”) is a contract between a seller and buyer of real property in which the seller provides financing to buy the property for an agreed upon purchase price… … Wikipedia
Land Contract — An agreement between a buyer and seller of property in which the buyer makes payments toward full ownership (as with a mortgage), but in a land contract, the title or deed is held by the owner until the full payment is made. This type of contract … Investment dictionary
land contract — 1. a contract for the purchase and sale of land. 2. a contract in which a purchaser of real estate, upon making an initial payment, agrees to pay the seller stipulated amounts at specified intervals until the total purchase price is paid, the… … Universalium
land contract — 1. a contract for the purchase and sale of land. 2. a contract in which a purchaser of real estate, upon making an initial payment, agrees to pay the seller stipulated amounts at specified intervals until the total purchase price is paid, the… … Useful english dictionary
land contract — See land sale contract … Black's law dictionary
land contract — See land sale contract … Black's law dictionary
land contract — A contract whereby one party agrees to sell and the other to purchase real estate. Pike Rapids Power Co. v Minneapolis, St. P. & S. S. M. R. Co. (CA8 Minn) 99 F2d 902. A contract for the transfer of the title to real estate in consideration of a… … Ballentine's law dictionary
land contract — Contractual arrangement used in some states under which a buyer purchases real estate from a seller over a period of time, usually by making periodic installment payments. Title is not conveyed to the buyer until the final payment is made. Also… … Financial and business terms
installment land contract — Type of contract by which buyer is required to make periodic payments towards purchase price of land and only on the last payment is the seller required to deliver a deed. Also called a contract for deed or long term land contract. See also land… … Black's law dictionary