DEFINITION of 'Land Contract'. An agreement between a buyer and seller of property in which the buyer makes payments toward full ownership (as with a mortgage), but in a land contract, the title or deed is held by the owner until the full payment is made. land contract can be thought of as a lease with an option to buy. Certain states have more generous legal rights for land contract holders than others. As a result, the world of land contracts can be difficult to navigate.
Definition of Gesneriaceae. : a large family of tropical herbs or rarely woody plants (order Polemoniales) having chiefly opposite leaves and strongly zygomorphic flowers.
Fragmentation is a very common type of vegetative reproduction in plants. Many trees, shrubs, nonwoody perennials, and ferns form clonal colonies by producing new rooted shoots by rhizomes or stolons, which increases the diameter of the colony.