contract for deed


Also found in: Acronyms.

contract for deed

See bond for title.

References in periodicals archive ?
4 million contract for deed Price per square foot: $67.
In the most predatory scenario, sellers unload dilapidated houses on unsophisticated buyers with a contract for deed, locking them into an inflated purchase price and high interest rate.
Lawmakers in Michigan are exploring a law requiring sellers to get an inspection and a certificate of occupancy to prevent an uninhabitable house being sold through a contract for deed.
The city sold the property to Detroit Property Exchange (DPE) for $5,000, which then resold the property back to Smith for $30,000 with a five-year contract for deed.
I am always reminded of the attorney from a large Connecticut law firm (with no living lawyer in its name--another bone of contention), with a branch office in Naples, who advised his client who held a contract for deed, that with such agreements he could just go back into possession of the property and resell it.
After entering into the Contract for Deed, Wheatfield plans to offer the lender a new loan in exchange for a release for the sellers.
The impact of contract for deed financing on Minnesota forest land prices was estimated using nearly 8,000 sale records for 1989-2003.
While the use of contract for deed financing and its impacts on real estate markets have been widely discussed in finance and appraisal literature, it has not been formally analyzed and presented in the context of forest land markets.
This article examines the influence contract for deed financing has on the price of forest land negotiated between a buyer and seller in a competitive land market.
The size of the adjustment is traditionally computed by determining the present value of the difference in required monthly payments between the rates specified in the contract for deed and the published average market rate such as with a bank or mortgage company.
The accommodation party must hold legal title to the property [during the transaction] and also hold other indicia of ownership that are recognized under commercial law, such as a contract for deed.

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