PURCHASE AND INSTALLMENT SALEBACK Definition

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PURCHASE AND INSTALLMENT SALEBACK, in real estate, is a contract purchase of real property upon the completion of construction. The subject property is then immediately sold back on a long-term installment contract.

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RISK-FREE RATE is the rate of return available in the market on an investment free of default risk.

BLUE SKY LAW is a law providing for state regulation and supervision of the issuance of investment securities.

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