Meaning LAND CONTRACT: 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
More terms such as Land contract in Dictionary L.
- Definition Low Ball:
- Examples Slang for making an offer well below the fair value of an asset in hopes that the seller may be desperate to sell land contract definition.
- Definition Liquidity Ratios:
- Examples Ratios that measure a firm's ability to meet its short-term financial obligations on time, such as the ratio of current assets to current liabilities land contract explain.
- Definition Load Fund:
- Examples sells shares with a sales charge-typically 4% to 8% of the net amount indicated. Some no-load funds also levy distribution fees permitted by Article 12b-1 of the Investment Company Act; these are land contract what is.
- Definition Limitation On Liens:
- Examples A bond covenant that restricts in some way a firm's ability to grant liens on its assets land contract meaning.
- Definition Launder:
- Examples To move illegally acquired cash through financial systems so that it appears to be legally acquired land contract abbreviation.
