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Conditional Sale
A transaction where the sale of an asset or property is contingent upon certain conditions being met, often related to financing or inspection.
Hire-Purchase
A contractual agreement where an asset is leased for a period, with the option to purchase at the end of the lease term.
Title
Title refers to the legal right to own or use property, evidenced by a document showing ownership such as a deed.
Buyer
A person or entity that purchases goods or services from another.
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