Idaho Full Release of Memorandum of Contract
County Specific Legal Forms Validated as recently as April 28, 2026 by our Forms Development Team
About the Idaho Full Release of Memorandum of Contract
How to Use This Form
- Select your county from the list on the left
- 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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In Idaho, standard practice involves recording a Release of Memorandum of Contract or a Satisfaction of Contract with the county recorder's office where the original memorandum was filed.
Preparation of Release Document:
Content: The release should reference the original memorandum, including details such as the recording date, document number, and parties involved.
Signatures: All original parties to the contract should sign the release, and their signatures need to be notarized to meet recording requirements.
Recording the Release:
Submission: Present the completed release document to the county recorder's office where the original memorandum was recorded.
Legal Descriptions and Indexing:
Ensure that the release document includes accurate legal descriptions of the property and references to the original memorandum to facilitate proper indexing and public notice.
Failing to release a Memorandum of Contract for real property after the underlying contract has been satisfied can lead to several legal and practical consequences:
1. Title Clouding
Impact: The memorandum remains on public record, creating a "cloud" on the title.
Result: This may prevent the property owner from selling, refinancing, or otherwise transacting with the property until the memorandum is released.
Legal Risk: Title companies might refuse to issue clear title insurance.
2. Potential Legal Liability
Civil Lawsuits: The property owner or other affected parties could file a lawsuit against the party responsible for failing to release the memorandum. Claims may include:
Breach of contract: If the underlying agreement requires prompt release upon satisfaction.
Slander of title: If the continued existence of the memorandum falsely implies an unresolved claim against the property.
Damages: The court may award compensation for financial losses resulting from the clouded title, such as lost sale opportunities or delays in transactions.
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
What Others Like You Are Saying
"thank you for all the forms"
"I was overwhelmed with information about what forms I needed to complete the probate process, and th…"
"I'm an attorney. I see youve mixed up the terms "grantor" and "grantee" and thei…"
"This was a seamless process. It probably took one minute to fill out my information and upload the d…"
"So far So Good. Ill come back and re review after it is all finished. I have downloaded all the docu…"
Common Uses for Full Release of Memorandum of Contract
- Cancel a recorded memorandum of contract for deed after closing
- Assign a seller's interest in a land contract to a new party
- Establish the terms of a real estate transaction before closing
- Remove a recorded land contract lien after final payment
Compare other Idaho deed forms and documents
Important: County-Specific Forms
Our full release of memorandum of contract forms are specifically formatted for each county in Idaho.
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.