Development of the banknote began in the Tang Dynasty during the 7th century, with local issues of paper currency, although true paper money did not appear until the 11th century, during the Song Dynasty.
A contract typically does not have to be notarized. A notary public (or simply notary) provides an acknowledgment that the signature appearing on the document is that of the person whose signature it purports to be. There is a requirement that some documents be notarized, such as a real property deed.
When the terms of the Land Contract have been meet, it is the responsibility of the land seller to give the Buyer, title to the new owner and record or deliver the Deed in favor of the buyer, named in the land contract. This is also called a contract for deed. Here is more information on How To Use A Land Contract. Information Needed To Draft Your Land Contract form. 1  The legal description, usually from your deed. 2  Determine a fair Interest Rate. 3  Amount of interest you would like to charge the land buyer for the term of loan.