Magoffin County Full Release of Memorandum of Contract Form
Magoffin County Full Release of Memorandum of Contract Form
Fill in the blank Full Release of Memorandum of Contract form formatted to comply with all Kentucky recording and content requirements.
Magoffin County Full Release of Memorandum of Contract Guide
Line by line guide explaining every blank on the Full Release of Memorandum of Contract form.
Magoffin County Completed Example of the Full Release of Memorandum of Contract Document
Example of a properly completed Kentucky Full Release of Memorandum of Contract document for reference.
All 3 documents above included • One-time purchase • No recurring fees
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Additional Kentucky and Magoffin County documents included at no extra charge:
Where to Record Your Documents
Magoffin County Clerk
Salyersville, Kentucky 41465
Hours: 8:30 to 4:00 Monday - Friday; 8:30 to 12:00 Saturday
Phone: (606) 349-2216
Recording Tips for Magoffin County:
- Make copies of your documents before recording - keep originals safe
- Ask about their eRecording option for future transactions
- Bring extra funds - fees can vary by document type and page count
Cities and Jurisdictions in Magoffin County
Properties in any of these areas use Magoffin County forms:
- Falcon
- Gunlock
- Royalton
- Salyersville
Hours, fees, requirements, and more for Magoffin County
How do I get my forms?
Forms are available for immediate download after payment. The Magoffin 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 Magoffin County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Magoffin 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 Magoffin 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 Magoffin County?
Recording fees in Magoffin County vary. Contact the recorder's office at (606) 349-2216 for current fees.
Questions answered? Let's get started!
Once the contract is fulfilled, terminated, or void, the recorded memorandum needs to be released to:
1. Clear Title
A recorded memorandum clouds the title and may prevent:
Refinancing
Selling the property
Title insurance being issued
Releasing it removes the cloud and restores a clear record of ownership.
2. Document the End of the Agreement
A release shows that the agreement no longer has legal force.
It protects both parties from future disputes or claims.
3. Protect Future Buyers
Prevents confusion or legal complications for a future buyer or lender who may otherwise believe the contract is still active.
When to Release a Memorandum of Contract
You should release the memorandum as soon as one of the following happens:
1. The Contract is Completed
The buyer made the final payment and received the deed.
At this point, the contract for deed is fulfilled, and the memo should be released.
2. The Contract is Terminated
Due to buyer default
Mutual agreement to cancel
Abandonment of the property
Any reason the deal is no longer in force
In these cases, the party who recorded the memorandum (usually the buyer) should file a Release of Memorandum of Contract with the County Clerk where it was originally recorded.
3. By Court Order
If one party refuses to release it (e.g., an uncooperative buyer), the other party may file a quiet title action and obtain a court order to release it.
Who Releases It?
Typically the buyer (as the “releasor”), because they usually record the memorandum.
But if the buyer is in default, the seller may need to:
Request the release
Or take legal action to force it
Record with the County Clerk’s office.
For us in Kentucky only.
Important: Your property must be located in Magoffin County to use these forms. Documents should be recorded at the office below.
This Full Release of Memorandum of Contract meets all recording requirements specific to Magoffin County.
Our Promise
The documents you receive here will meet, or exceed, the Magoffin 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 Magoffin County Full Release of Memorandum of 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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