A contract whereby the owner retains title to the property until the purchaser has met all of the terms and conditions of the contract.
A contract for the sale of property stating that delivery and possession is to be given to the buyer-vendee, but that legal title is to remain in the seller-vendor until the conditions of the contact have been fulfilled.
A form of sales contract in which the seller reserves the title until the buyer pays for goods or land, at which time title passes. Also known as a financing lease.
A contract for the sale of a property in which transfer of title to the buyer is contingent on fulfillment of the contract.
Contract of sale where title remains in seller until all conditions of the contract have been fulfilled.
A contract for the sale of property, conditional on the purchaser obtaining approval from the relevant authorities if he is a foreigner if the condition is not fulfilled, the contract becomes void.
A contract regarding the sale of real property that states that delivery is to be made to the buyer, but title is to remain vested in the seller until all the conditions of the contract have been fulfilled.