A property sale in which the buyer may make payments over time instead of paying the full price at the time of purchase,is referred to as a(an):

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An installment sale is a property sale in which the buyer may make payments over time instead of paying the full price at the time of purchase. A like-kind sale refers to a type of property exchange where a taxpayer can defer capital gains tax by exchanging one investment property for another similar one. A carryover sale and equivalent investment sale are not commonly used terms in real estate transactions.

A Property Sale in Which the Buyer May Make Payments