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(Rupees ), will be received by the FIRST PARTY from the SECOND PARTY, at the time of registration of the Sale Deed, the FIRST PARTY doth hereby agree to grant, convey, sell, transfer and assign all his rights, titles and interests in the said portion of the said property, fully
A land contract is an agreement between a buyer and seller pertaining to a specific tract of land. Developers advertise and sell tracts of land similar to the process of selling a real estate property. Land contracts can be broad in scope and may include both the land and real estate on the land.
With the complexity and costs involved with obtaining traditional home purchase financing, many buyers are left searching for viable and less costly alternatives. One such alternative goes by many names, but in Florida it is most commonly referred to as a land contract or contract for deed.
Other terms for a land contract include: terms contract. contract for deed. agreement for deed. land installment contract.
A contract for deed, also known as a "bond for deed," "land contract," or "installment land contract," is a transaction in which the seller finances the sale of his or her own property.