The general remarks as to the importance of office records of deeds issued apply also to the record of contracts; but the method of keeping this record is somewhat simpler, owing to the fact that the important particulars of each contract are shown by the entries in the contracts sub-ledger.

It is a general practice, from which there should be no deviation, to execute every contract in duplicate, the vendor and the purchaser each receiving a copy. If this is done and the copies filed, numerically or alphabetically, in the order followed in the contracts ledger, and if the contract is entered on the property ledger, no further record is required.