The mortgage definition for Contract:
A legal document between two parties confirming any sort of agreement such as terms of sale, employment or service.
Breach of contractBreach of contract
The failure to perform provisions of a contract without a legal excuse.
Contract for deedContract for deed
A contract in which the seller agrees to defer all or part of the purchase price for a specified period of time.
Contractual liabilityContractual liability
The terms of a contract to which you must abide. There may be financial or even criminal penalties which you incur if if you do not meet your contractual liabilities.
Further Suggestions Contractual lien
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