AGENCY: School and Institutional Trust Lands Administration

SERIES: 7208
TITLE: Contract of sale and abstract pouches case files
DATES: 1930-
ARRANGEMENT: Alphanumerical by name and case number

DESCRIPTION: Contract of sale files and abstract pouches are files developed on farm loans made from the Permanent School Fund. The files include documents and correspondence regarding the application, payment schedules, the failure to make payments, foreclosure on the property given as security for the loan, and subsequent resale of the property, These files are critical as a record of title to the land. They are made available to the title companies and attorneys in doing their research to establish chain of title. These files also contain sales documents and warranty deeds. These records are the only source for this information.

RETENTION

Retain permanently

DISPOSITION

May Transfer to Archives.

RETENTION AND DISPOSITION AUTHORIZATION

Retention and disposition for this series is authorized by Archives general schedule Real property files, GRS-1403

AUTHORIZED: 01/15/2019

FORMAT MANAGEMENT

Paper: Retain in Office until microfilmed and then transfer to State Records Center. Retain in State Records Center for 75 years and then transfer to State Archives with authority to weed.

Microfilm master: Retain in State Archives permanently.

Microfilm duplicate: Retain in Office permanently.

APPRAISAL

Legal

This disposition is based on the legal value of these records in establishing title to the land. They are made available to title companies and attorneys in doing their research to establish chain of title. These records are the only source of this information.

PRIMARY DESIGNATION

Public

---