bond for land

A bond given by the seller of land to a buyer, binding the seller to convey once the buyer tenders the agreed price.

— Also termed bond for a deed. Cf. BINDER(1). [Cases: Vendor and Purchaser 27. C.J.S. Vendor and Purchaser § 22.]

---

词条贡献者

法律翻译Akira，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与能源行业争议有关的法律文件。