bond for deed

English dictionary entry

Meanings

noun
  1. A document given by the owner of real estate to convey the property upon being paid money; an agreement to convey title in the future that, so long as it remains executory, allows title to remain vested in the original owner.

Word forms

bond for deed bonds for deeds

Etymology

From bond + for + deed.

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.