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Business Hints for Men and Women by Alfred Rochefort Calhoun
page 12 of 204 (05%)
as to time and the amount to be paid, set forth in the written
instrument.

A deed carries with it sole ownership, a lease covers the right of
use for a fixed period.

AS TO DEEDS

The purchaser of real estate, say a farm, should receive, from the
person selling the property, a written instrument, or conveyance
known as a deed.

The deed must show clearly that the title to or interest in the
property has been transferred from the seller to the buyer.

Before the deed is signed and delivered, the buyer should know
that he is getting a clear title to the property described in the
conveyance.

In order to insure the accuracy of the title and thus avoid
subsequent complications and perhaps lawsuits, the paper should be
submitted to some good lawyer, or other person acquainted with
real estate law and the methods by which titles are traced from
the first owner to the present possessor.

TITLE ABSTRACTS

In all the great business centers of the United States there are
Title Guarantee Companies, who for a consideration--to be paid by
the seller--furnish an abstract of title, and insure its validity.
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