Lincoln County Full Release of Memorandum of Contract Form
Lincoln 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.
Lincoln County Full Release of Memorandum of Contract Guide
Line by line guide explaining every blank on the Full Release of Memorandum of Contract form.
Lincoln 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
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Additional Mississippi and Lincoln County documents included at no extra charge:
Where to Record Your Documents
Lincoln County Chancery Clerk
Brookhaven, Mississippi 39601 / 39602
Hours: 8:30 to 5:00 M-F
Phone: (601) 835-3452
Recording Tips for Lincoln County:
- Bring your driver's license or state-issued photo ID
- Ask if they accept credit cards - many offices are cash/check only
- Documents must be on 8.5 x 11 inch white paper
- Recording early in the week helps ensure same-week processing
Cities and Jurisdictions in Lincoln County
Properties in any of these areas use Lincoln County forms:
- Bogue Chitto
- Brookhaven
- Ruth
Hours, fees, requirements, and more for Lincoln County
How do I get my forms?
Forms are available for immediate download after payment. The Lincoln 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 Lincoln County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lincoln 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 Lincoln 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 Lincoln County?
Recording fees in Lincoln County vary. Contact the recorder's office at (601) 835-3452 for current fees.
Questions answered? Let's get started!
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 Lincoln 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 Lincoln County.
Our Promise
The documents you receive here will meet, or exceed, the Lincoln 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 Lincoln 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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Joan S.
May 21st, 2020
Thanks for providing this service. We had searched for weeks for the correct documents. It might help clients to find you soon if the banks and mortgage companies can refer clients to you. They require the forms but offer no direct source to obtain them. You are 5 star in every way.
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A. S.
February 27th, 2019
First, I am glad that you gave a blank copy, an example copy, and a 'guide'. It made it much easier to do. Overall I was very happy with your products and organization... however, things got pretty confusing and I have a pretty 'serious' law background in Real Estate and Civil law. With that said, I spent about 10+ hours getting my work done, using the Deed of Trust and Promissory note from you and there were a few problems: First, it would be FANTASTIC if you actually aligned your guide to actually match the Deed or Promissory Note. What I mean is that if the Deed says 'section (E)' then your guide shouldn't be 'randomly' numbered as 1,2,3, for advice/instructions, but should EXACTLY match 'section (E)'. Some places you have to 'hunt' for what you are looking for, and if you did it based on my suggestion, you wouldn't need to 'hunt' and it would avoid confusion. 2nd: This one really 'hurt'... you had something called the 'Deed of Trust Master Form' yet you had basically no information on what it was or how to use it. The only information you had was a small section at the top of the 'Short Form Deed of Trust Guide'. Holy Cow, was that 'section' super confusing. I still don't know if I did it correctly, but your guide says only put a return address on it and leave the rest of the 16 or so page Deed of Trust beneath it blank... and then include your 'Deed of Trust' (I had to assume the short form deed that I had just created) as part of it. I had to assume that I had to print off the entire 17 page or so title page and blank deed. I also had to assume that the promissory note was supposed to be EXHIBIT A or B on the Short Form Deed. It would be great if someone would take a serious look at that short section in your 'Short Form Deed of Trust Guide' and realize that those of us using your products are seriously turning this into a county clerk to file and that most of us, probably already have a property that has an existing Deed... or at least can find one in the county records if necessary... and make sure that you make a distinction between the Deed for the property that already exists, versus the Deed of Trust and Promissory note that we are trying to file. Thanks.
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November 8th, 2021
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