They shall never enter into any transaction regarding land and/or money even with their own sons and friends, without putting it in writing with proper attestation.
અને સાક્ષીએ સહિત લખત કર્યા વિના તો પોતાના પુત્ર અને મિત્રાદિક સાથે પણ પૃથ્વી ને ધનના લેણદેણ કરીને વ્યવહાર જેતે કયારેય ન કરવો.
Sin un registro escrito, firmado por el testigo, mis discípulos no entrará en las transacciones comerciales como la venta o compra de bienes, préstamos o préstamos de dinero, con cualquier persona, incluso con el hijo o un amigo.
'With witness' means in physical presence and with signature of that person. It should be in written form. Nothing should be transacted without these two conditions. Not even with a son, a friend or a relative. Land and money means fields, farms, houses, housing land, money and precious things neither are to be given nor to be taken without a witness and a written procedure. Here it is meant that first a document should be made and thereafter such transaction should be carried out. Thus a witness has been defined by Yagyavalkya: There should be atleast three witnesses possessing virtues like penance, donation, noble family, truthfulness, religious, strait forward, father of a male child, and rich, also should be either a Shrot and Smarta in their religious rituals. Their caste and class should be in accordance to transactees. For example in case of a enthroned King, the witnesses should be the Kings. In case of a Brahmin, the witnesses should be a Brahmin. Yagyavalkya explains the attributes of a documents of such transaction: one who is expert in finance, and with natural interest, when deals with a rich man, such dealing may be called document. This document must contain names, year, month, fortnight, day, date, caste, class and companions. Father's names also should be noted. At the end of such document, the debtor himself in his handwriting must write: As stated above in this document. I am the son of Mr. So and So. I accept this fact. The witnesses too, should write in their own handwriting that they are witness to this transaction and should place their fullname with their father's name. And the debtor if not literate, should stand there with someone, other than those who are witness to it, and through that man should write his witness. Now Laghu Chanakya says about the attributes of a writer: The writer of such a document should be intelligent, smart, steady, brief and political.