bond for title

bond for title. Real estate. The seller’s retention of legal title until the buyer pays the purchase price. — Also termed bond for deed. Cf. contract for deed under CONTRACT. [Cases: Vendor and Purchaser 27. C.J.S. Vendor and Purchaser § 22.]

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词条贡献者

译者Susanne，世界顶尖法学院国际税法专业，擅长翻译各种与联邦税务纠纷相关的法律文件。