Leflore County Memorandum of Contract Forms (Mississippi)

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Form Package

Memorandum of Contract

State

Mississippi

Area

Leflore County

Price

$27.97

Delivery

Immediate Download

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Included Forms

All Leflore County specific forms and documents listed below are included in your immediate download package:

Memorandum of Contract Form

Memorandum of Contract Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last reviewed/updated 11/24/2023

Memorandum of Contract Guidelines

Memorandum of Contract Guidelines

Line by line guide explaining every blank on the form.
Included document last reviewed/updated 9/5/2023

Completed Example of the Memorandum of Land Contract Document

Completed Example of the Memorandum of Land Contract Document

Example of a properly completed form for reference.
Included document last reviewed/updated 12/5/2023

Included Supplemental Documents

The following Mississippi and Leflore County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

How long does it take to get my forms?

Forms are available immediately after submitting payment.

What are supplemental forms?

Often when a deed is recorded additional documents are required by or Leflore 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.

How do I get my forms, are they emailed?

After you submit payment you will see a page listing the Leflore County forms you ordered with a download link to the pdf form file. You download the forms to your computer. You will also receive an email with a link to your download page in case you need it later.

What type of files are the forms?

All of our Leflore County 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.

Can the 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 Leflore County that you need to transfer you would only need to order our forms once for all of your properties in Leflore County.

Are these forms guaranteed to be recordable in Leflore County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Leflore County including margin requirements, content requirements, font and font size requirements.

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.

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.

Are there any recurring fees involved?

No. Nothing to cancel, no memberships, no recurring fees.

Areas Covered by These Memorandum of Contract Forms:

  • Leflore County

Including:

  • Greenwood
  • Itta Bena
  • Minter City
  • Money
  • Morgan City
  • Schlater
  • Swiftown

What is the Mississippi Memorandum of Contract

When is this document used?
When a property is sold, and a Contract for the Sale and Purchase of Real Property (often called a Land Contract or Buy-Sell Agreement), has been executed by both parties this Memorandum document is often recorded in the county where the subject property is located instead of the actual Contract. Stating - Seller has agreed to sell, and Buyer has agreed to buy, the Property upon the terms and conditions set forth in the Contract.

Why a Memorandum of Contract?
Privacy - When parties want to keep financial details of a Contract for the Sale and Purchase of Real Property private, a Memorandum is recorded.

Notice - puts the world on notice that a Contract between buyer and seller exists on a specific property.

Legal - legal binding agreement between buyer and seller concerning the property in question.

Protection - Often filed by buyers alone, after a contract has been executed, preventing loans or encumbrances being placed on the property by 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. A Memorandum is an effective instrument to prevent this. In short, either the Contract or Memorandum of Contract should be recorded for your protection.

Seller Financing - When the buyer chooses or is obligated to obtain bank financing a Memorandum legitimizes the purchase agreement, providing proof to the bank that a deal was in place. Most banks will require that the Contract or Memorandum be recorded before they will finance the property in question.

For use in Mississippi only.

Our Promise

The documents you receive here will meet, or exceed, the Leflore 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 Leflore County 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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October 6th, 2019

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November 8th, 2021

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November 20th, 2022

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November 17th, 2022

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