bond for deed(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. Ying)
condition precedent(Here is an example of a condition precedent in relation to the grant of a patent. The obligations contained in paragraph [ ] of this contract shall not come into effect until the day after the date on which Party A receives formal notification from the Patent Office that a patent has been granted. LE2 Alexander Demidov)
