Lee County Full Release of Memorandum of Contract Form

Lee County Full Release of Memorandum of Contract Form
Fill in the blank Full Release of Memorandum of Contract form formatted to comply with all Mississippi recording and content requirements.

Lee County Full Release of Memorandum of Contract Guide
Line by line guide explaining every blank on the Full Release of Memorandum of Contract form.

Lee County Completed Example of the Full Release of Memorandum of Contract Document
Example of a properly completed Mississippi Full Release of Memorandum of Contract document for reference.
All 3 documents above included • One-time purchase • No recurring fees
Additional Mississippi and Lee County documents included at no extra charge:
Where to Record Your Documents
Lee County Chancery Clerk
Address:
200 West Jefferson St / PO Box 7127
Tupelo, Mississippi 38802
Hours: 8:00am to 5:00pm.M-F
Phone: (662) 432-2100
Recording Tips for Lee County:
- White-out or correction fluid may cause rejection
- Bring extra funds - fees can vary by document type and page count
- Make copies of your documents before recording - keep originals safe
- Consider using eRecording to avoid trips to the office
Cities and Jurisdictions in Lee County
Properties in any of these areas use Lee County forms:
- Baldwyn
- Belden
- Guntown
- Mooreville
- Plantersville
- Saltillo
- Shannon
- Tupelo
- Verona
How do I get my forms?
Forms are available for immediate download after payment. The Lee 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 Lee County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lee 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 Lee 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 Lee County?
Recording fees in Lee County vary. Contact the recorder's office at (662) 432-2100 for current fees.
Have other questions? Contact our support team
Use this form to release a Memorandum of Contract when satisfied.
Common Reasons to Release a Memorandum of Contract:
1. Clear Title to the Property
The Memorandum of Contract acts as a public notice that the buyer and seller are in an ongoing contractual relationship regarding the property, which can cloud the title. Once the contract for deed is satisfied, the buyer becomes the full owner of the property, and the memorandum no longer serves a purpose. If it is not released, it may appear as an unresolved encumbrance, which can complicate the buyer’s ability to prove clear title or transfer the property in the future.
2. Facilitates Future Transactions
A property with a clouded title (due to the unreleased memorandum) can cause issues when the buyer wants to:
Sell the property.
Refinance the property.
Use the property as collateral for a loan.
Title companies often refuse to issue title insurance for a property if a recorded memorandum remains on file, which could hinder or prevent future transactions.
3. Removes Legal Encumbrances
An unreleased memorandum could be interpreted as an ongoing interest or claim on the property by the seller. This can create legal complications, leading to potential disputes or litigation, especially if the seller or third parties assert a claim on the property based on the unreleased memorandum. Releasing the memorandum removes this potential legal encumbrance.
4. Compliance with Recording Laws
Mississippi statutes, like Mississippi Code § 89-5-19, require the release of recorded instruments once they have been satisfied. Failure to do so may violate these statutory obligations and could subject the parties (usually the seller) to penalties or legal consequences. Properly recording the release ensures compliance with state law.
5. Prevents Misunderstandings or Fraud
Leaving a recorded memorandum in place may cause confusion or even fraud in the future, especially if third parties mistakenly believe that the contract is still active. This can lead to misunderstandings, disputes, or fraudulent claims of ownership. By releasing the memorandum, the public record clearly shows that the contract has been concluded.
6. Buyer’s Right to Clear Ownership
Upon satisfaction of the contract for deed, the buyer has the right to full and unencumbered ownership of the property. Releasing the memorandum ensures that there is no record of the seller having an ongoing claim or interest, affirming the buyer’s rightful ownership.
Important: Your property must be located in Lee 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 Lee County.
Our Promise
The documents you receive here will meet, or exceed, the Lee 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 Lee 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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September 3rd, 2020
Good value. I like not only getting the forms, but also the instructions and examples the forms came with
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October 20th, 2023
great response to my question.
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Wendy S.
January 11th, 2021
Good template that met my needs. Much better than another draft template that I found on another site. Would have been helpful if the template had been provided in a Word format instead of PDF so that I could remove the sections that are not applicable.
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Barbara L.
May 18th, 2023
Look great and I thought my daughter wanted me to buy, but she had already bought the package so didn't need it.
Thanks for taking the time to leave your feedback Barbara, we appreciate it. We understand that it was an inconvenience for both you and your daughter to have unintentionally purchased the same item. Therefore, we have taken immediate action and canceled your order as well as processed the refund for your payment. Have a wonderful day.
Steve G.
August 21st, 2021
The forms were very easy to use. However, the Mercer County cover page is an older version. You can find the recent version on the county website.
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April 19th, 2021
Seamless transaction. Was pleased with the additional information that was provided. Thank you!
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April 7th, 2022
Nice forms but it sure would have been nice to be able to at least print the guide and the example so that I don't spend all of my time bouncing back and forth between windows on a laptop.
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Zachary F.
February 1st, 2022
I am a lawyer and purchased a specialized type of deed for a special scenario. The product received was functional, but not great. Wording is slightly clunky and the form layout was not convenient for making a professional final product. The wording also didn't contemplate a remote-state probate, which is a common scenario. Something about the PDF prevented me from doing cut and paste, so I had to do OCR to get the relevant text for inserting in my existing draft deed. Finally, while the site claims it is customized for the exact state and county, it does not appear to be well-customized for that purpose and I had to use other language (not sourced from the deeds.com document) to meet local norms.
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Michael H.
April 8th, 2022
another exact match with what i needed, thank you! the recorded of deeds accepted it with no problem.
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June 20th, 2022
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March 9th, 2022
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December 28th, 2018
I accidentally ordered the wrong deed package. Was looking for a quit claim deed and got a trustee deed. I immediately emailed the company, nothing back from them. I would like to exchange my purchase.
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Laura H.
January 12th, 2023
Process was easy. The instructions for TOD and a sample completed form was very helpful. E-recording of deed saved a trip to the county building and well worth the very reasonable charge.
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April 27th, 2019
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March 23rd, 2022
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