Posts Tagged With: credit patent

GENEALOGY WORD OF THE DAY 11/27

word-of-the-day-new

Picture from grandmaideas.com

 

Credit Patent: A document transferring land to be paid for in installments over a four-year period. A delinquent payment or nonpayment of the full balance resulted in forfeiture. In 1820, Congress required full payment for land at the time of purchase.(Definition from familytreemagazine.com)

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