Ruth 4:7

7 In Israel, in former times, this was the practice regarding redemption and exchange to confirm any such matter: a man would take off his sandal and give it to the other person. This was the process of making a transaction binding in Israel.

Ruth 4:7 In-Context

5 Then Boaz said, "On the day when you buy the field from Naomi, you also buy Ruth the Moabite, the wife of the dead man, in order to preserve the dead man's name for his inheritance."
6 But the redeemer replied, "Then I can't redeem it for myself, without risking damage to my own inheritance. Redeem it for yourself. You can have my right of redemption, because I'm unable to act as redeemer."
7 In Israel, in former times, this was the practice regarding redemption and exchange to confirm any such matter: a man would take off his sandal and give it to the other person. This was the process of making a transaction binding in Israel.
8 Then the redeemer said to Boaz, "Buy it for yourself," and he took off his sandal.
9 Boaz announced to the elders and all the people, "Today you are witnesses that I've bought from the hand of Naomi all that belonged to Elimelech and all that belonged to Chilion and Mahlon.
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