Installment Land Sales Contract
Definition of "Installment land sales contract"
An installment sale of land whereby the seller accepts a mortgage from the purchaser to complete the conveyance. After the mortgage has been satisfied, the deed is conveyed to the purchaser. In an installment land sales contract, the property deed is acquired after all installment payments have been completed.
Popular Real Estate Terms
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A projecting window located above the first floor that is supported by brackets. ...
Reconsideration of the value of real property. An example is getting property appraised each year to determine its current value for tax or purposes of determining whether to sell ...
Drawing for the entire structure or part of it that is detailed and in scale so that engineers and construction workers may readily follow it. ...
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To obtain the right through authorization to act as a legal representative and agent for another. ...
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