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''[[United States Genealogy|United States]] [[Image:Gotoarrow.png|go to]] | ''[[United States Genealogy|United States]] [[Image:Gotoarrow.png|go to]] [[United States Land and Property|United States Land and Property]] [[Image:Gotoarrow.png|go to]] '''United States Land and Property - Land Terms and Definitions''' | ||
== Land Terms and Definitions== | == Land Terms and Definitions== | ||
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'''Lapsed land''' Land that had not been seated within the specified time period reverted to the government. | '''Lapsed land''' Land that had not been seated within the specified time period reverted to the government. | ||
'''Lease and release''' Common method of selling land in the Colonial period. The deed was made for the consideration price of | '''Lease and release''' Common method of selling land in the Colonial period. The deed was made for the consideration price of [http://en.wikipedia.org/wiki/Peppercorn_%28legal%29 ''one peppercorn''] or something similar. The next day another deed was made out naming the full selling price. This is not a deed of gift. | ||
'''Link''' 7.92 inches | '''Link''' 7.92 inches |
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