Macomb County Memorandum of Land Contract Form (Michigan)

The following Michigan and Macomb County supplemental forms are included as a courtesy with your order:

When using these Memorandum of Land Contract forms, the subject real estate must be physically located in Macomb County. The executed documents should then be recorded in the following office:

Local jurisdictions located in Macomb County include:

• Armada
• Center Line
• Clinton Township
• Eastpointe
• Fraser
• Harrison Township
• Macomb
• Mount Clemens
• New Baltimore
• New Haven
• Ray
• Richmond
• Romeo
• Roseville
• Saint Clair Shores
• Sterling Heights
• Utica
• Warren
• Washington

This form serves as notice that the Seller has agreed to sell, and Buyer has agreed to buy a specific property. Record this instrument when a Land Contract has been completed. This is done for a variety of reasons.
A Memorandum of Land Contract serves as a notice to the "world" that a specific property is under a seller-financed purchase agreement.

Often used when parties want the details of a Land Contract to be kept private.

Why a buyer needs a recorded Memorandum of Land Contract. It is important to prevent loans or encumbrances being placed on the property by the existing Deed holder. Encumbrances have been placed on properties even though the Contract states they can't. This can be devastating for a buyer who has made payments. For protection either the Land Contract document or a Memorandum of Land Contract document should be recorded.

Why a Seller needs a recorded Memorandum of Land Contract. When owner financing is involved, and a buyer needs to finance property at a later point in time, a Lending Institution will most likely require a recorded Memorandum document. Further, banks like to see a history of payments, at least 12 months, often referred to as "Seasoning" a recorded Memorandum proves the subject property was under contract at a specific time.

(Michigan MOC Package includes form, guidelines, and completed example) For use in Michigan Only.

Our Promise

The documents you receive here will meet, or exceed, the Macomb County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

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Get your Macomb County Memorandum of Land 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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