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单词 land contract
释义

land contract


noun

a contract for the purchase and sale of land.
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 seller retaining legal title to the land as security for the payments.

Words nearby land contract

landaulet, land bank, landboard, land breeze, land bridge, land contract, land crab, Land Dayak, Landdrost, landed, landed immigrant
Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020
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更新时间:2025/2/3 21:34:14