Owsley County Full Release of Memorandum of Contract Form (Kentucky)
All Owsley County specific forms and documents listed below are included in your immediate download package:
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.
Included Owsley County compliant document last validated/updated 4/28/2025
Full Release of Memorandum of Contract Guide
Line by line guide explaining every blank on the Full Release of Memorandum of Contract form.
Included Owsley County compliant document last validated/updated 4/25/2025
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.
Included Owsley County compliant document last validated/updated 5/28/2025
The following Kentucky and Owsley County supplemental forms are included as a courtesy with your order:
When using these Full Release of Memorandum of Contract forms, the subject real estate must be physically located in Owsley County. The executed documents should then be recorded in the following office:
Owsley County Clerk
Main St #1, Booneville, Kentucky 41314
Hours: 8:00 to 4:00 Monday through Friday
Phone: (606) 593-5735
Local jurisdictions located in Owsley County include:
- Booneville
- Island City
- Mistletoe
- Ricetown
- Vincent
How long does it take to get my forms?
Forms are available immediately after submitting payment.
How do I get my forms, are they emailed?
Immediately after you submit payment, the Owsley County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.
What does "validated/updated" mean?
This indicates the most recent date when at least one of the following occurred:
- Updated: The document was updated or changed to remain compliant.
- Validated: The document was examined by an attorney or staff, or it was successfully recorded in Owsley County using our eRecording service.
Are these forms guaranteed to be recordable in Owsley County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Owsley County including margin requirements, content requirements, font and font size requirements.
Can the Full Release of Memorandum of Contract forms be re-used?
Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Owsley County that you need to transfer you would only need to order our forms once for all of your properties in Owsley County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Kentucky or Owsley County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
What type of files are the forms?
All of our Owsley County Full Release of Memorandum of Contract forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Do I need any special software to use these forms?
You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Do I have to enter all of my property information online?
No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
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.
Our Promise
The documents you receive here will meet, or exceed, the Owsley 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 Owsley 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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