Bond-for-deed Definition

noun

(law): A document given by the owner of real estate to convey the property upon being paid money; an agreement to convey title in the future that, so long as it remains executory, allows title to remain vested in the original owner.

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Other Word Forms of Bond-for-deed

Noun

Singular:
bond-for-deed
Plural:
bonds for deeds

Origin of Bond-for-deed

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