While the memorandum itself does not transfer title, it does create a public record of the buyer’s interest.
A Release of Memorandum of Contract (or Release of Memorandum of Purchase Agreement) can be executed by Buyers and Sellers and is typically executed by the seller to formally cancel or release the notice of a purchase agreement that has been recorded in the public records. Here are the key reasons why a seller should execute a Release of Memorandum of Contract:

1. Clearing Title for Future Sales When a Memorandum of Purchase Agreement is recorded in the public records, it creates a cloud on the title, which could prevent the seller from selling the property to another buyer or refinancing it. If the original purchase agreement is terminated (due to failure to close, breach of contract, or mutual cancellation), executing a release is necessary to remove any claims or encumbrances tied to that agreement. Without a release, the public record would still show that the property is under contract, potentially causing future buyers or title companies to hesitate in moving forward with another sale.

2. Preventing Future Legal Disputes Failing to execute a release of the memorandum could lead to legal disputes if a buyer claims they still have an interest in the property. By executing a release, the seller clearly indicates that the previous agreement has been canceled or fulfilled, preventing any future claims by the buyer under that contract. Often the buyer requests a release when the subject contract is fulfilled, allowing them to refinance or sell.

How to Use This Form

Select your county from the list above
Download the county-specific form
Fill in the required information
Have the document notarized if required
Record with your county recorder's office

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Common Uses for Full Release of Memorandum and Notice of Agreement

Release the seller's interest in a property after the buyer pays in full
Assign a land contract to a new investor or purchaser
Document a private real estate sale without bank involvement
Protect a buyer's interest in a property during installment payments
Document a rent-to-own or lease-purchase arrangement
Record a memorandum to protect the buyer's equitable interest
Create an installment sale agreement for vacant land

Compare other Florida deed forms and documents

Quitclaim Deed Gift Deed Enhanced Life Estate Deed Quitclaim Ladybird Deed Warranty Deed Enhanced Life Estate Deed Ladybird Warranty Deed Special Warranty Deed Grant Deed Correction Deed Easement Deed Termination, Cancellation of Easement / Right of Way Trustees Deed Disclaimer of Interest Affidavit of Death Certificate Decedent Interest in Homestead Affidavit Personal Representative Deed (Testate) Personal Representative Deed (Intestate) Certificate of Trust Durable Limited Power of Attorney for Real Estate Durable Power of Attorney Mortgage Instrument and Promissory Note Mortgage with Assignment of Rents and Promissory Note Satisfaction of Mortgage Agreement for Deed Memorandum and Notice of Agreement Notice of Commencement Notice to Owner Final Payment Affidavit Claim of Lien Notice to Contractor Notice of Termination Notice of Nonpayment Notice of Contest of Lien Notice of Contest of Claim Against Payment Bond Unconditional Waiver and Release of Lien upon Progress Payment Conditional Waiver and Release of Lien upon Progress Payment Unconditional Waiver upon Final Payment Conditional Waiver and Release of Lien upon Final Payment Request for a Sworn Statement of Account Notice of Lien Prohibition Lis Pendens Release of Lis Pendens

Important: County-Specific Forms

Our full release of memorandum and notice of agreement forms are specifically formatted for each county in Florida.

After selecting your county, you'll receive forms that meet all local recording requirements, ensuring your documents will be accepted without delays or rejection fees.

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