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bond for deed

From Wiktionary, the free dictionary

English

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Etymology

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From bond +‎ for +‎ deed.

Noun

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bond for deed (plural bonds for deeds)

  1. (law) 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.
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