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In the Ming and Qing Dynasties, when people bought and sold land and houses,
During the Ming and Qing Dynasties, when people bought and sold land and houses, the contracts were negotiated by both parties, guaranteed by the intermediary and signed and sealed, which were called "white deeds". Its contents include the nature of the transaction, the number of industries or regions, locations, prices and trading conditions. After paying taxes to the government, a legally binding contract sealed by the government is called a "red deed".