英语词汇“installment land contract”的翻译、意思、用法、释义-英汉经管词典

单词	installment land contract
释义	installment land contract Definition An agreement that obligates the parties involved financially over a period of time but does not involve the transferring of a deed for the property. The buyer is permitted to move into the property and make payments. Once the obligation is satisfied, the seller then records the deed and passes it over to the buyer. It is used as a long-term tool for financing.
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