Sumter County Memorandum of Purchase and Sale Agreement Form

Sumter County Memorandum of Purchase and Sale Agreement Form
Fill in the blank Memorandum of Purchase and Sale Agreement form formatted to comply with all Georgia recording and content requirements.

Sumter County Memorandum of Purchase and Sale Agreement Guide
Line by line guide explaining every blank on the Memorandum of Purchase and Sale Agreement form.

Sumter County Completed Example of the Memorandum of Purchase and Sale Agreement Document
Example of a properly completed Georgia Memorandum of Purchase and Sale Agreement document for reference.
All 3 documents above included • One-time purchase • No recurring fees
Additional Georgia and Sumter County documents included at no extra charge:
Where to Record Your Documents
Clerk of Court
Americus, Georgia 31709
Hours: 9:00am to 5:00pm M-F
Phone: (229) 928-4537
Recording Tips for Sumter County:
- Check that your notary's commission hasn't expired
- Ask if they accept credit cards - many offices are cash/check only
- Recording fees may differ from what's posted online - verify current rates
Cities and Jurisdictions in Sumter County
Properties in any of these areas use Sumter County forms:
- Americus
- Andersonville
- Cobb
- De Soto
- Leslie
- Plains
Hours, fees, requirements, and more for Sumter County
How do I get my forms?
Forms are available for immediate download after payment. The Sumter 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 Sumter County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Sumter 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 Sumter 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 Sumter County?
Recording fees in Sumter County vary. Contact the recorder's office at (229) 928-4537 for current fees.
Have other questions? Contact our support team
In Georgia, recording a Memorandum of Purchase Agreement instead of the full Purchase Agreement is a common practice for several important reasons:
1. Privacy Protection
• Limited Disclosure: A Purchase Agreement contains many detailed terms that the parties may prefer to keep private, such as the purchase price, payment terms, or specific contingencies. By recording a Memorandum of Purchase Agreement, only essential details (e.g., parties involved, property description, and the existence of the agreement) are made public, keeping the sensitive terms confidential.
• Public Record Privacy: Recording the full Purchase Agreement would make all of its terms accessible to the public, which may not be desirable for either party, especially for large or high-profile transactions.
2. Notice to Third Parties (Constructive Notice)
• Protecting Buyer’s Interest: Recording a Memorandum serves as constructive notice to third parties that there is a pending contract on the property. This prevents the seller from selling the property to another buyer during the term of the Purchase Agreement. Once the Memorandum is recorded, any future potential buyers or lenders are put on notice of the existing purchase contract, protecting the buyer’s interest.
• Clouding Title: The recorded Memorandum clouds the title of the property, making it difficult for the seller to transfer or encumber the property without addressing the existing Purchase Agreement. It ensures that the buyer has an equitable claim on the property that must be resolved before any other transfer or claim.
3. Simplicity and Cost-Effectiveness
• Shorter Document: A Memorandum of Purchase Agreement is typically a much shorter document than the full agreement. This makes it easier and faster to record. Many counties charge recording fees based on the number of pages, so recording the shorter Memorandum can reduce costs compared to recording the entire Purchase Agreement.
• Avoiding Excess Paperwork: Georgia’s recording system allows for the recording of summary documents like Memoranda to provide notice without the administrative burden of recording lengthy contracts.
4. Flexibility in Negotiations
• Contingent Agreements: Sometimes, Purchase Agreements are contingent on certain conditions, such as financing or inspections. Recording the full Purchase Agreement might disclose these contingencies, which could undermine negotiations. A Memorandum, however, only discloses the fact that a contract exists without divulging details that could affect ongoing negotiations or contingencies.
5. Key Considerations:
• Recording in Public Records: The memorandum is typically recorded to prevent other parties from attempting to acquire an interest in the property without knowledge of the pending transaction. Georgia law allows for various real estate-related documents to be recorded with the county clerk of the superior court where the property is located.
6. Legal Sufficiency
• Binding Notice: Under Georgia law, recording a Memorandum of Purchase Agreement has the same effect as recording the full agreement in terms of providing legal notice. It is sufficient to establish that there is an agreement affecting the property, so there is no legal requirement to record the entire Purchase Agreement as long as the Memorandum fulfills the notice purpose.
• Recording a Memorandum of Purchase Agreement in Georgia offers privacy, efficiency, and legal protection without exposing the full details of the transaction. It serves the main purpose of notifying the public of the buyer’s interest in the property while keeping confidential terms private and saving on costs and effort. This is the preferred practice in real estate transactions where recording the entire Purchase Agreement would be unnecessary and potentially disadvantageous.
Relevant Statutes:
1. O.C.G.A. § 44-2-1 et seq. (Georgia Recording Statutes): These statutes govern the recording of deeds, leases, and other instruments affecting real property in Georgia. Under these statutes, certain documents, including those related to the conveyance or encumbrance of property, can be recorded to provide public notice.
2. O.C.G.A. § 44-14-61 (Filing of Liens): This statute refers to the recording of certain documents in relation to property interests. While primarily about liens, it underscores the general principle that documents affecting property rights (including purchase agreements or their memoranda) may be recorded.
3. O.C.G.A. § 44-5-30 (Conveyance of Land): This statute generally governs the requirements for transferring real property interests in Georgia. A memorandum related to a purchase agreement might be treated as notice under these general provisions when recorded.
4. O.C.G.A. § 44-14-162: Though focused on foreclosure, this section emphasizes the requirement to provide notice for transactions affecting real estate. A "Memorandum of Purchase Agreement" serves a similar notice function for sales agreements.
Important: Your property must be located in Sumter County to use these forms. Documents should be recorded at the office below.
This Memorandum of Purchase and Sale Agreement meets all recording requirements specific to Sumter County.
Our Promise
The documents you receive here will meet, or exceed, the Sumter 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 Sumter County Memorandum of Purchase and Sale Agreement 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.
4.8 out of 5 - ( 4572 Reviews )
Audrey A.
August 19th, 2019
Great!
Thank you!
CARMEN R J.
August 7th, 2019
Thank you intensly
Thank you!
Lynne B.
October 17th, 2020
It was very easy to navigate and very fast response time.
Thank you!
David B.
December 23rd, 2021
I found the information very helpful. Had problems producing a professional looking document due to the limited active fields on the PDF form. Finally I just typed it.
Thank you!
Abram A.
February 26th, 2019
Very easy to navigate around and to obtain desired forms and service.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Tracey M.
August 9th, 2022
Using Deeds.com was unbelievably quick and easy to file a deed restriction with our local county office. From uploading the initial file to deeds.com, to having a fully recorded document was right on one hour - and all from the comfort of my home. I found your service was easy to use and your staff were very quick in responding to my filing. I will definitely use and recommend deeds.com in the future.
Thank you for your feedback. We really appreciate it. Have a great day!
Gary R.
December 17th, 2022
Very prompt response to my questions.
Thank you!
Leslie S.
July 29th, 2020
After over a month of turmoil and feeling like "you can't get there from here",you solved my problem in a little over an hour. Thank you!!
Thank you for your feedback. We really appreciate it. Have a great day!
THUY N.
December 15th, 2021
It's convenience.
Thank you for your feedback. We really appreciate it. Have a great day!
Gregory N.
September 10th, 2020
Good information guiding through filling out the product. Would like form to be more flexible in terms of spacing, but otherwise excellent.
Thank you for your feedback. We really appreciate it. Have a great day!
BRIAN B.
August 17th, 2020
This site makes filing documents so easy and effortless. The response time is phenomenally fast, which saves time and frustration. Thank you!
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Jose F.
May 19th, 2020
When I found this website, I was confused and hesitant to use this website to submit paperwork that needed to be submitted to the Clerks of Courts in Miami. I am glad I decided to go through with it. It was the easiest process I have encountered even with working with the City. Highly recommend as it is super easy to use and received that everything was approved and recorded in two working days. Thank you so much for bringing my stress level lower as many uncertainties of how to process my paperwork. Will use it again to finish my project as the City continues to not accept walk ins. Thank you so much.
So glad we were able help Jose, have a amazing day!
reed w.
February 26th, 2022
Great service that saved me a lot of time for under 30 bucks.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Gloria S.
November 25th, 2019
Hard to find, obscure, forms were available. I did not think I was going to be able to find them, let alone find such high quality docs, great job!
Thank you for your feedback. We really appreciate it. Have a great day!
Karen C.
November 22nd, 2019
Quick and easy download. Got everything I needed. I would recommend deeds.com
We appreciate your business and value your feedback. Thank you. Have a wonderful day!