Tallapoosa County Full Release of Real Estate Contract Form

Tallapoosa County Full Release of Real Estate Contract Form
Fill in the blank Full Release of Real Estate Contract form formatted to comply with all Alabama recording and content requirements.

Tallapoosa County Full Release of Real Estate Contract Guide
Line by line guide explaining every blank on the Full Release of Real Estate Contract form.

Tallapoosa County Completed Example of the Full Release of Real Estate Contract Document
Example of a properly completed Alabama Full Release of Real Estate Contract document for reference.
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Additional Alabama and Tallapoosa County documents included at no extra charge:
Where to Record Your Documents
Main Probate Office
Dadeville, Alabama 36853
Hours: 8:00 to 4:30 M-F
Phone: (256) 825-4266
Alexander City Office
Alexander City, Alabama
Hours: 8:00 to 4:30 Tue-Fri
Phone: (256) 234-3264
Tallassee Office
Tallassee, Alabama 36078
Hours: 8:00 to 3:30 Monday only
Phone: (334) 252-1804
Recording Tips for Tallapoosa County:
- Documents must be on 8.5 x 11 inch white paper
- Recorded documents become public record - avoid including SSNs
- Avoid the last business day of the month when possible
- Make copies of your documents before recording - keep originals safe
- Leave recording info boxes blank - the office fills these
Cities and Jurisdictions in Tallapoosa County
Properties in any of these areas use Tallapoosa County forms:
- Alexander City
- Camp Hill
- Dadeville
- Daviston
- East Tallassee
- Jacksons Gap
Hours, fees, requirements, and more for Tallapoosa County
How do I get my forms?
Forms are available for immediate download after payment. The Tallapoosa County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Tallapoosa County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Tallapoosa County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Tallapoosa County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Tallapoosa County?
Recording fees in Tallapoosa County vary. Contact the recorder's office at (256) 825-4266 for current fees.
Questions answered? Let's get started!
WHY RECORD A "RELEASE OF REAL ESTATE CONTRACT" FORM IN ALABAMA
Alternative Names for Contract for Deed
A Contract for Deed (also called a land contract) is an agreement between a buyer and seller where the buyer makes payments to the seller over time and receives the deed once payments are complete. Other names for this type of contract include:
Land Contract: A common term used for an agreement where the seller finances the sale and retains the title until all payments are made.
Installment Land Contract: Describes a similar arrangement where the buyer pays in installments, and the title is transferred only after full payment.
Agreement for Deed: Another term for a contract for deed, emphasizing the agreement to eventually transfer the deed once payments are completed.
Contract Sale: Describes a sale where the buyer agrees to pay for the property in installments, with the title passing after full payment.
Bond for Deed: Used in some states, such as Louisiana, where the buyer and seller agree to transfer ownership of the property after the completion of payments.
Installment Sale Agreement: Refers to a sale where the buyer pays for the property in installments, and the seller retains ownership until the final payment is made.
Land Sales Contract: This is a general term used for contracts where the sale of land or property is financed over time, and title is transferred after the final payment.
Related Terms and Concepts
Owner Financing Agreement: Similar to a contract for deed, where the seller finances the purchase, but the deed may be transferred immediately or after full payment, depending on the agreement.
Lease with Option to Purchase: A slightly different arrangement where the buyer leases the property with the option to buy it later. In some cases, the lease payments may apply toward the purchase price.
Rent-to-Own Agreement: Similar to a lease with an option to purchase, where the buyer rents the property and has the opportunity to buy it later.
Recording a Release of Real Estate Contract form in Alabama is crucial for several reasons related to legal protection, transparency, and marketability of the property. Here's why it's important: Establishes a Clear Public Record:
Proof of Release: Recording the release form provides official proof that any claims, liens, or encumbrances on the property have been legally satisfied or removed. This includes releases from mortgages, liens, easements, or any other obligations tied to the property. Statute of Frauds (Section 8-9-2) This Alabama law requires certain contracts, including those involving the sale or transfer of real property (which would encompass a Release of Real Estate), to be in writing to be enforceable.
Transparency: By recording the release, the document becomes part of the public record, allowing anyone, including future buyers, lenders, or other interested parties, to verify that the property is no longer subject to the previous contract or lien.
Protects Against Future Claims: Prevents Disputes: Recording the release can prevent future legal disputes about whether the obligations or interests over the property have been released. Without a recorded release, the lien or interest might still appear valid, potentially leading to claims against the property.
Priority of Interests: Alabama follows the "race-notice" rule, meaning that the first party to record a document affecting a property typically has priority. Recording a release ensures that third parties are on notice that the property is free from the released interest. If not recorded, a subsequent claim or lien could take priority over the unrecorded release.
Protects the Property Owner’s Title: Clearing Title: A recorded release is essential for clearing the property’s title. Without the release, the previous lien, mortgage, or claim will still show up in title searches, potentially complicating the sale, refinancing, or transfer of the property.
Ensures Marketability: A clear title makes the property more marketable and easier to sell or transfer. Potential buyers and lenders will require a clean title before proceeding with any transaction, and recording the release ensures there are no outstanding issues.
Compliance with Alabama Law: Legal Requirement: Alabama law requires that certain documents affecting property, including releases of real estate contracts, be recorded to be enforceable against third parties. This requirement is found in Alabama Code § 35-4-50, which mandates that deeds, releases, and similar documents affecting real estate be recorded in the county where the property is located.
Avoids Penalties: Under Alabama Code § 35-10-30, a lender or party responsible for releasing a lien or mortgage must record a satisfaction or release within 30 days of the obligation being fulfilled. Failure to do so can result in financial penalties, ensuring compliance with the law is important for avoiding such consequences.
Facilitates Future Transactions: Smoother
Closings: A recorded release ensures that there are no surprises or delays during future real estate transactions, such as sales, refinances, or the issuance of new loans. Title companies, attorneys, and lenders rely on public records to confirm the status of a property, and the release must be recorded to reflect the property's true state.
Protects Buyers and Lenders: Ensures Good Faith Transactions: Recording the release protects the new buyer or lender from any outstanding claims against the property. It assures them that they are purchasing or lending on a property that is free and clear of prior encumbrances that have been released.
Avoids Future Legal Complications: If the release is not recorded, a buyer or lender may unknowingly acquire property with a clouded title, which can lead to legal complications, delayed transactions, or issues with obtaining financing.
Recording a Release of Real Estate Contract form in Alabama is essential to safeguard the property owner's interests, ensure transparency in the public record, comply with state law, and protect future buyers or lenders from potential claims. Recording laws are critical for real estate transactions in Alabama. To protect the parties' interests and establish priority, the release must be properly recorded.
Recording Statutes: Alabama law requires that all deeds, mortgages, and releases affecting real property must be recorded to be enforceable against third parties. The relevant provisions are found in: Section 35-4-50: Mandates recording of all written instruments affecting the title to land.
Section 35-4-90: Addresses the recording of releases specifically.
Alabama Uniform Real Property Electronic Recording Act (URPERA)
Section 35-4-121: Allows for the electronic recording of documents related to real estate transactions, including releases of real estate interests, in counties that have adopted electronic recording systems.Failing to record the release can result in title disputes, complications in future transactions, and potential legal or financial penalties.
Important: Your property must be located in Tallapoosa County to use these forms. Documents should be recorded at the office below.
This Full Release of Real Estate Contract meets all recording requirements specific to Tallapoosa County.
Our Promise
The documents you receive here will meet, or exceed, the Tallapoosa County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Tallapoosa County Full Release of Real Estate Contract form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
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I love this tool and it is easy to work with. The interface is straight forward and notifications are consistently accurate.
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Diane W.
January 3rd, 2020
The forms were immediately available for download, which was nice. However, I was not impressed by the lack of several features: 1) there was no way to edit set text in the form, such as where it says you should consult an attorney. That is not necessary for recording the deed and I wanted to deleted it, but could not. 2) Also, under the "Notes" section, there is a limited area to write; I tried adding a fuller explanation of something, but the form would not accept or include it when I printed the final document. The form may do the job, but it's not very sophisticated or elegant.
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January 29th, 2020
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August 18th, 2021
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March 22nd, 2023
Deeds.com was easy to use and their easement deed was exactly what I was looking for. I knew I didn't need to spend hundreds of dollars talking to an attorney.
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September 8th, 2021
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April 27th, 2020
Wonderful experience. Was preapred to wait days, recording was finished in less than an hour.
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January 11th, 2019
Not too hard to do, I did get it checked out by an attorney after I completed it just to be safe. He said it was fine, made no changes.
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April 18th, 2023
Somewhat confusing, but I'm really not sure what I need. I have not complete4d the document.
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