|
Land Contract
An arrangement where the buyer makes monthly payments to the seller but the ownership of the property does not change hands until the loan is paid in full.
Similar to how an automobile loan works: When you pay off the car, you get the title.
Financial terms alphabetically:
| #
| A
| B
| C
| D
| E
| F
| G
| H
| I
| J
| K
| L
| M
| N
| O
| P
| Q
| R
| S
| T
| U
| V
| W
| X
| Y
| Z
|