Contract for deed


 

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Contract for deed

A contract in which the seller agrees to defer all or part of the purchase price for a specified period of time.



Contract for deed

Similar Matches

Forward contract

Forward contract

A contract that specifies the price and quantity of an asset to be delivered on in the future. Forward contracts are not standardized and are not traded on organized exchanges


Breach of contract

Breach of contract

The failure to perform provisions of a contract without a legal excuse.


Nexus (of contracts)

Nexus (of contracts)

A set or collection of something.


Land contract

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A method of real estate financing; a mortgage-holding seller finances a buyer by taking a down payment and subsequent payments in installments, but holds the title until the mortgage is fully repaid.


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A legally binding agreement to buy or sell a commodity or financial instrument in a designated future month at a price agreed upon today by the buyer and seller. Futures contracts are standardized according to the quality, quantity, and delivery time and location for each commodity. A futures contract differs from an option because an option is the right to buy or sell, while a futures contract is the promise to actually make a transaction. A future is part of a class of securities called derivatives, so named because such securities derive their value from the worth of an underlying investment.


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