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Downwards.

California Department of Real Estate

Updated 08-20-2026

Downwards.

LAND CONTRACT — A contract used in a sale of real property whereby the seller retains title to the property until all or a prescribed part of the purchase price has been paid. Also commonly called a conditional sales contract, installment sales contract or real property sales contract. (See REAL PROPERTY

California Department of Real Estate Glossary

California Department of Real Estate · p. 19

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