Contract for Deed in United Kingdom

Contract for deed in the Context of Mortgages

A contract in which the seller agrees to defer all or part of the purchase price for a specified period of time.

Similar Terms

Breach of contract

Breach of contract

The failure to perform provisions of a contract without a legal excuse.

Contract

Contract

A legal document between two parties confirming any sort of agreement such as terms of sale, employment or service.

Contractual liability

Contractual liability

The terms of a contract to which you must abide. There may be financial or even criminal penalties which you incur if if you do not meet your contractual liabilities.

Resources

See Also

Contractual lien