Land Act of 1804
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The Land Act of 1804 was an act which made it easier to buy federal land in Ohio on credit.
The Land Act of 1804 replaced the Harrison Land Act. Under the Harrison Land Act to buy land in Ohio one had to buy a minimum of 320 acres of land for at least $2.00 an acre. The Land Act of 1804 reduced the minimum area required to 160 acres, but kept the minimum price at $2.00 an acre.
[edit] External links
[edit] References
- Homestead Act: used 160 acre guideline
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