By Jacob H. Beuscher (auth.)
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Extra resources for Law and the Farmer
The most important one is our so-called "system," for recording real estate papers. " That is, they could he left with the Register of Deeds or other puhlic official to he copied into the puhlic real estate records, the original paper then heing returned to the person who left it for recordation. This is still true today. Deeds, mortgages, land contracts, options, Ionger term leases, assignments of mortgages or of land contracts, satisfactions of mortgages and so forth are customarily left with this official and copied into his puhlic records.
They call these precedent cases to the attention of the court in the briefs which they prepare. They discuss them in detail to show why they control the immediate case before the court. They cite the cases by name of the parlies and reference to the volume and page of the reports. For instance, Gates v. P'armly, 93 Wis. 294 means volume 93, page 294 of the Wisconsin Reports. The lawyers and judges attach greatest weight to cases from the home state, but out-of-state cases, federal cases and sometimes Eng• lish cases are also used.
F. When is possession to be surrendered to the buyer? If the tenant on the place is to stay, when does the buyer become entitled to the rent? g. What is the price and how is it to be paid? People practically never forget to put down the total price, but often the terms on which it is to be paid are not sufficiently specific. How much is to be paid down? When are subsequent installments due? How is the balancetobe secured? By mortgage or by land contract? May the seller keep the down payment if, through no fault of the seller, the buyer does not go through with the deal?