TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

VENDOR TAKE BACK LOAN [1 record]

Record 1 1999-05-13

English

Subject field(s)
  • Real Estate
  • Loans
DEF

Where the seller (vendor) of a property provides some or all of the mortgage financing in order to sell the property.

French

Domaine(s)
  • Immobilier
  • Prêts et emprunts
DEF

Cas où le vendeur accepte de conserver un solde du prix de vente garanti par une hypothèque afin de faciliter la vente de sa propriété.

OBS

Le terme «financement par le vendeur» s'applique aussi à tout prêt consenti par le vendeur à l'acquéreur pour faciliter une opération.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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