In the olden times in Israel, this is how they handled official business regarding matters of property and inheritance: a man would take off his shoe and give it to the other person. This was the same as an official seal or personal signature in Israel.

So when Boaz’s “redeemer” relative said, “Go ahead and buy it,” he signed the deal by pulling off his shoe.

9-10 Boaz then addressed the elders and all the people in the town square that day: “You are witnesses today that I have bought from Naomi everything that belonged to Elimelech and Kilion and Mahlon, including responsibility for Ruth the foreigner, the widow of Mahlon—I’ll take her as my wife and keep the name of the deceased alive along with his inheritance. The memory and reputation of the deceased is not going to disappear out of this family or from his hometown. To all this you are witnesses this very day.”

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