Lyon County Memorandum of Contract of Sale Form

Lyon County Memorandum of Contract of Sale Form
Fill in the blank Memorandum of Contract of Sale form formatted to comply with all Nevada recording and content requirements.

Lyon County Memorandum of Contract of Sale Guide
Line by line guide explaining every blank on the Memorandum of Contract of Sale form.

Lyon County Completed Example of the Memorandum of Contract of Sale Document
Example of a properly completed Nevada Memorandum of Contract of Sale document for reference.
All 3 documents above included • One-time purchase • No recurring fees
Immediate Download • Secure Checkout
Additional Nevada and Lyon County documents included at no extra charge:
Where to Record Your Documents
Lyon County Recorder
Yerington, Nevada 89447
Hours: 8:00am-5:00pm M-F
Phone: (775) 463-6581
Recording Tips for Lyon County:
- Ensure all signatures are in blue or black ink
- Bring extra funds - fees can vary by document type and page count
- Recording early in the week helps ensure same-week processing
Cities and Jurisdictions in Lyon County
Properties in any of these areas use Lyon County forms:
- Dayton
- Fernley
- Silver City
- Silver Springs
- Smith
- Wellington
- Yerington
Hours, fees, requirements, and more for Lyon County
How do I get my forms?
Forms are available for immediate download after payment. The Lyon 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 Lyon County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lyon 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 Lyon 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 Lyon County?
Recording fees in Lyon County vary. Contact the recorder's office at (775) 463-6581 for current fees.
Questions answered? Let's get started!
In Nevada, a Memorandum of Contract of Sale (also called a Memorandum of Agreement or Memorandum of Land Contract) is a valuable legal tool used to publicly document the existence of a real estate contract—without recording the full contract itself. It's especially important in transactions involving installment contracts, delayed closings, or equitable interests. Here's a breakdown of why and when to use it:
WHY Use a Memorandum of Contract in Nevada
1. Protect Buyer’s Equitable Interest
In land contracts or contracts with delayed transfer of title, the buyer gains an equitable interest before legal title is conveyed. A memorandum:
Protects the buyer by giving constructive notice to third parties.
Prevents the seller from fraudulently reselling or encumbering the property.
2. Avoid Recording the Full Contract
The actual contract may contain:
Private financial terms,
Personal agreements,
Or contingencies not intended for public view.
The memorandum is a summary—it protects privacy while putting the world on notice.
3. Prevent Title Problems
If a buyer records a memorandum and the seller tries to sell the property again, a title company will see the memorandum and flag it as a cloud on title.
This discourages improper resale or further encumbrance by the seller.
4. Assist with Financing or Assignments
A recorded memorandum can help the buyer show lenders, investors, or assignees that they have an interest in the property.
Especially useful in assignable land contracts or "subject-to" financing scenarios.
WHEN to Use a Memorandum of Contract in Nevada
Use a Memorandum at the time of contract execution or shortly after, especially in these situations:
Installment Sale / Land Contrat----------Buyer has equitable interest for years before title passes
Delayed Closing----------Contract is signed but closing may take months or years
Buyer is making improvements before closing----------Protects buyer’s interest during occupancy
Buyer intends to assign contract----------Recorded memorandum signals to assignees and lenders there’s a valid interest
Contract allows for possession before title transfer----------Prevents seller from misusing ownership during possession period
Seller has multiple obligations (like probate or divorce)----------Ensures the buyer’s interest is visible despite seller’s legal entanglements
Legal Basis in Nevada:
NRS 111.315: Recording documents provides constructive notice—protecting against future purchasers.
Nevada is a race-notice jurisdiction: priority goes to a subsequent purchaser only if they’re without notice and record first. The memorandum defeats that.
Purpose:
Protecting buyer’s interest---------Title passes later, but buyer pays or occupies now
Privacy---------You want to avoid disclosing full contract terms
Notice to third parties----------You want the public record to reflect buyer’s claim
Assignment / lending----------You need a recordable instrument to show interest
Legal leverage----------You want to cloud title if seller attempts to breach
FOR USE IN NEVADA ONLY.
Important: Your property must be located in Lyon County to use these forms. Documents should be recorded at the office below.
This Memorandum of Contract of Sale meets all recording requirements specific to Lyon County.
Our Promise
The documents you receive here will meet, or exceed, the Lyon 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 Lyon County Memorandum of Contract of Sale 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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