Salem County Full Release of Memorandum of Contract Form

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

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

Salem County Completed Example of the Full Release of Memorandum of Contract Document
Example of a properly completed New Jersey Full Release of Memorandum of Contract document for reference.
All 3 documents above included • One-time purchase • No recurring fees
Immediate Download • Secure Checkout
Additional New Jersey and Salem County documents included at no extra charge:
Where to Record Your Documents
Salem County Clerk
Salem, New Jersey 08079
Hours: 8:30 to 4:30 M-F / Transactions until 4:00
Phone: (856) 935-7510 x8219
Recording Tips for Salem County:
- Ensure all signatures are in blue or black ink
- Bring extra funds - fees can vary by document type and page count
- Ask about their eRecording option for future transactions
- Avoid the last business day of the month when possible
Cities and Jurisdictions in Salem County
Properties in any of these areas use Salem County forms:
- Alloway
- Deepwater
- Elmer
- Hancocks Bridge
- Monroeville
- Norma
- Pedricktown
- Penns Grove
- Pennsville
- Quinton
- Salem
- Woodstown
Hours, fees, requirements, and more for Salem County
How do I get my forms?
Forms are available for immediate download after payment. The Salem 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 Salem County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Salem 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 Salem 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 Salem County?
Recording fees in Salem County vary. Contact the recorder's office at (856) 935-7510 x8219 for current fees.
Questions answered? Let's get started!
In New Jersey, a Release of Memorandum of Contract is a document executed to formally acknowledge that a prior agreement, typically a real estate contract, is no longer in effect. Here are the reasons why a seller might execute this document:
1. Termination of a Sales Contract: If a real estate transaction falls through—for example, if the buyer cannot secure financing or if a contingency is not met—the seller might execute a Release of Memorandum of Contract to legally confirm that the deal is no longer active.
2. N.J.S.A. 46:16-1 - Recording of Documents: This statute outlines the requirements for the recording of real property documents, such as deeds, mortgages, and memoranda of contracts. A Release of Memorandum of Contract is typically recorded to remove any encumbrance created by the original memorandum, clearing the title for future transactions.
3. Buyer's Release of Claims: By executing this release, the seller ensures that the buyer no longer has any claims or rights to the property under the previous contract, which allows the seller to move forward with selling the property to someone else.
4. Avoiding Legal Disputes: The release provides legal clarity, confirming that neither party has further obligations under the contract, which can help avoid potential disputes in the future.
5. N.J.S.A. 46:26A-1 et seq. - The New Jersey Recording Act: The Recording Act governs how documents related to real property must be filed and recorded with the county clerk or registrar. A Release of Memorandum of Contract must be recorded to ensure it is effective against third parties and to remove any notice of the previous contract from the public record.
The document effectively serves to "erase" any public record or legal claim that the buyer might have had under the earlier agreement.
Formatted to be executed by the Seller(s) or Seller's representative.
Important: Your property must be located in Salem 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 Salem County.
Our Promise
The documents you receive here will meet, or exceed, the Salem 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 Salem 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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