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

资深译员Lynn，知名国际商学院金融专业，专注翻译各种与贷款人责任及其他银行业与金融机构诉讼有关的法律文件。