A contract for the sale of real estate whereby the purchase price is paid in periodic installments by the purchaser, who is in possession of the property even though title is retained by the seller until a future date, which may be not until final payment. Also called contract for deed, articles of agreement for warranty deed.
Related information about installment contract:
- installment contract - Legal Dictionary - The Free Dictionary
installment contract n. an agreement in which payments of money, delivery of goods or performance of services are to be made in a series of payments, ...
- Installment Land Contracts
An installment land contract (aka land contract, contract for deed, or installment contract) defines the obligations of the parties over time and does not involve the ...
- Installment Contract: Definition from Answers.com
Contract in which the obligation of one or more of the parties, such as an obligation to pay money, deliver goods, or render services, is divided into.
- What Is an Installment Contract?
An installment contract is a contract in which one party fulfills the contract with a series of installments, rather than being obligated to perform immediately.
- U.C.C. - ARTICLE 2 -§2-612.
(1) An "installment contract" is one which requires or authorizes the delivery of goods in separate lots to be separately accepted, even though the contract ...
- The Installment Land Contract-A National Viewpoint?
reasons for the installment contract's popularity, its advantages and disadvantages ... virtually every installment contract, typically provides that. "time is of the ...
- What is installment contract? definition and meaning
Definition of installment contract: Type of contract (such as a contract for employment) that allows or requires performance by one or both parties, in installments ...
- 190.100 Installment contract. (1) (a) Every retail installment contract ...
(b) A retail installment contract need not appear on a single page and a contract ... assignment contained in any retail installment contract shall be valid or ...