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Meaning of bond for deed | Babel Free

Noun CEFR C1

Definitions

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.

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
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