Agreement for deed definition
Agreement for deed means any written contract utilized in the sale of timeshare estates which provides that legal title will not be conveyed to the purchaser until the contract price has been paid in full and the terms of payment of which extend for a period in excess of 180 days after either the date of execution of the contract or completion of construction, whichever occurs later.
Agreement for deed means any written contract
Agreement for deed means an agreement between Lennar and the purchaser of the Single Family Properties in a development built by Lennar, pursuant to which the purchasers agree to make payments to Lennar and its assigns over a period of time and Lennar agrees, upon receipt of all such payments, to transfer title to the common areas in such development to such purchaser or a homeowners association.
More Definitions of Agreement for deed
Agreement for deed means a written agreement for the purchase and sale of a timeshare interest in the Timeshare Project, under which Seller is the vendor thereunder, providing for delivery of a deed to the vendee thereunder to the related Financed Property upon payment and performance of the Obligor's obligations as vendee thereunder.
Agreement for deed. (or an Eligible Originator)";