Super Finance Glossary
Over 10,000 financial glossary terms...
Land Contract
Land Contract
Definition: A method of real estate financing; a mortgage-holding seller finances a buyer by taking a down payment and subsequent payments in installments, but holds the title until the mortgage is fully repaid.
Definition: A method of real estate financing; a mortgage-holding seller finances a buyer by taking a down payment and subsequent payments in installments, but holds the title until the mortgage is fully repaid.
Land Contract
Definition: Same or similar to "contract to purchase." See also "contract to purchase" under "mortgage."
Definition: Same or similar to "contract to purchase." See also "contract to purchase" under "mortgage."