North Carolina Forms

Madison County Release of a Memorandum of a Contract for Deed Form

Madison County Release of a Memorandum of a Contract for Deed Form

Madison County Release of a Memorandum of a Contract for Deed Form

Fill in the blank Release of a Memorandum of a Contract for Deed form formatted to comply with all North Carolina recording and content requirements.

Document Last Validated 7/15/2025
Madison County Release of a Memorandum of a Contract for Deed Guide

Madison County Release of a Memorandum of a Contract for Deed Guide

Line by line guide explaining every blank on the Release of a Memorandum of a Contract for Deed form.

Document Last Validated 7/15/2025
Madison County Completed Example of the Release of a Memorandum of a Contract for Deed Document

Madison County Completed Example of the Release of a Memorandum of a Contract for Deed Document

Example of a properly completed North Carolina Release of a Memorandum of a Contract for Deed document for reference.

Document Last Validated 7/15/2025

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Additional North Carolina and Madison County documents included at no extra charge:

Important: Your property must be located in Madison County to use these forms. Documents should be recorded at the office below.

Where to Record Your Documents

Madison County Register of Deeds
Address:
Admin Bldg - 5707 Highway 25/70 / PO Box 66
Marshall, North Carolina 28753

Hours: 8:00 to 5:00 M-F

Phone: (828) 649-3131

Recording Tips for Madison County:
  • Ensure all signatures are in blue or black ink
  • White-out or correction fluid may cause rejection
  • Leave recording info boxes blank - the office fills these
  • Request a receipt showing your recording numbers
  • Recorded documents become public record - avoid including SSNs

Cities and Jurisdictions in Madison County

Properties in any of these areas use Madison County forms:

  • Hot Springs
  • Mars Hill
  • Marshall

View Complete Recorder Office Guide

Hours, fees, requirements, and more for Madison County

How do I get my forms?

Forms are available for immediate download after payment. The Madison 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 Madison County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Madison 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 Madison 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 Madison County?

Recording fees in Madison County vary. Contact the recorder's office at (828) 649-3131 for current fees.

Questions answered? Let's get started!

In North Carolina, a release of a Memorandum of a Contract for Deed is a legal document used to formally terminate or cancel a previously recorded Memorandum of a Contract for Deed, indicating that the underlying contract for deed (also known as a land contract) is no longer in effect. Below, I’ll explain its purpose and who should sign it, based on North Carolina law and general real estate practices, while incorporating relevant details from the provided web results.
Purpose of a Release of a Memorandum of a Contract for Deed: A Memorandum of a Contract for Deed is recorded in the county register of deeds to publicly notify that a property is under a contract for deed, protecting the buyer’s equitable interest and preventing the seller from encumbering or selling the property to another party without notice. A release of this memorandum serves the following purposes:
• Termination of the Contract: It signals that the contract for deed has been terminated, either because:
• The buyer has fulfilled all payment obligations, and the seller has conveyed the deed, completing the transaction.
• The parties mutually agreed to cancel the contract.
• The buyer defaulted, and the seller exercised forfeiture rights after proper notice and failure to cure, extinguishing the buyer’s equitable interest.
• Clearing the Property Title: The release removes the memorandum from the public record, clearing any cloud on the property’s title. This ensures the seller can freely convey the property to another party or refinance without encumbrances tied to the prior contract.
• Legal Protection: It provides clarity to third parties (e.g., future buyers, lenders) that the contract for deed is no longer active, preventing disputes or claims on the property.
For example, if the buyer paid off the contract, the release confirms the transaction’s completion. If the contract was canceled (e.g., within the three-day cancellation period allowed under N.C. Statute 47H-2 or due to default), the release documents the termination.

Who Should Sign the Release? The signatories depend on the circumstances of the termination, but typically include:
• Seller (Vendor): The seller, who holds legal title to the property under the contract for deed, must sign the release to confirm the contract’s termination and release the memorandum from the public record.
• Buyer (Purchaser): In cases of mutual termination, the buyer should also sign to acknowledge the cancellation of the contract and their equitable interest in the property. This is explicitly required for a mutual termination under N.C. Statute 47H-2(e), which states that a mutual termination must be executed by both parties and recorded in the county register of deeds.
• Notary Public: The signatures of the seller (and buyer, if applicable) must be acknowledged by a notary public to meet North Carolina’s acknowledgment requirements for recording. This ensures the document complies with N.C. Statute 47-38 and is valid for registration.
Additional Notes:
• If the termination results from a forfeiture due to the buyer’s default, the seller may sign unilaterally after providing proper notice of default and intent to forfeit (per N.C. Statute 47H-4) and the buyer’s failure to cure within the specified period (at least 30 days).
• The release must be recorded in the office of the register of deeds in the county where the property is located, typically by the seller, unless the parties agree otherwise.
Practical Details
• Content: The release should reference the original Memorandum of a Contract for Deed, including the names of the parties, property description, and date of the original contract. It may also note the reason for termination (e.g., fulfillment, mutual cancellation, or forfeiture).
• Recording: Like the original memorandum, the release must be filed with the county register of deeds to update the public record.
• Format: The document must comply with North Carolina’s recording requirements, such as those outlined in N.C. Statutes and local county rules.
Example Scenario
• Completion of Contract: An Individual buys a property under a contract for deed, pays all installments, and the seller conveys the deed. The seller signs a release of the memorandum, notarized, and records it to clear the title.
• Mutual Cancellation: If buyer and the seller agree to cancel the contract within the three-day cancellation period or later, both sign a mutual termination and release, which is notarized and recorded.
• Default: If the buyer defaults and fails to cure after notice, the seller signs the release alone after forfeiture procedures, documenting the termination.

Important: Your property must be located in Madison County to use these forms. Documents should be recorded at the office below.

This Release of a Memorandum of a Contract for Deed meets all recording requirements specific to Madison County.

Our Promise

The documents you receive here will meet, or exceed, the Madison 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 Madison County Release of a Memorandum of a Contract for Deed 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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Alan C.

January 20th, 2024

The Transfer on Death Deed paperwork was easy to complete, as it included a detailed guide and a completed example. We encountered no issues recording the document with our County. Thanks to Deeds.com, we were also able to save time and money by utilizing a DIY approach for our situation.

Reply from Staff

We are delighted to have been of service. Thank you for the positive review!

Noelle V.

December 31st, 2024

I requested a copy of some documents and within the hour, they were waiting for me in PDF form. It was easy and helped a great deal to have this service available.

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Lynette D.

July 29th, 2020

I planned to use an attorney for this process but deeds.com made it so easy I was able to do it myself and I saved $330 in the process. I really appreciated the instructions and example provided on the site.

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Rahul P.

July 19th, 2023

Excellent Site for recording documents to respective county Recorder Office. Excellent customer service, very well informed and experienced staff who responds promptly and guide customers throughout recording process. My recording was suspended But KVH (Staff) gave me proper timely advise and guided me for the procedure till recording was done by county office. I would like to give 6 stars or more to the site as per my experience with this site. Highly recommended site

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Patricia M.

August 19th, 2019

Very easy site to navigate and very helpful information

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Stephanie B.

December 17th, 2021

Site is SO easy to use. Thank you for such a valuable resource.

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Eric D.

March 21st, 2019

Very helpful and informative. It has saved me time going to get the forms at county recorder / clerk (as my county and state websites dont offer forms on their sites) and also provided help understanding the uses of the specific deed I needed to use.

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George R.

September 29th, 2021

Your website worked but I am waiting for answers for two questions.

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Jim P.

August 8th, 2022

Exactly what we were looking for and filled out everything in minutes. Great value!

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Leslie S.

February 12th, 2020

The site was quick and easy to find information I needed. It also provided extra paperwork that would assist me.

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Deborah A.

July 26th, 2022

Excellent,

Reply from Staff

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Russell L.

November 9th, 2021

Your Personal Representative's Deed and example for the state of PA were extremely helpful. Exactly what I needed! Two feedback comments: 1. Valuation Factors/Short List in my download is an outdated table dated July 2020. The PA Dept of Revenue website has a more current table dated June 2021. (Maybe same for Valuation Factors/Long List, which I didn't use.) 2. Notarization section on deed page 3 has a gender-related input needed, which confused the Notary Public representative where I live in the state of CO. Notary input the word she to apply to my wife, but wasn't clear to him if the gender input applied to the Grantor or the Notary. He assumed Grantor. Also in our non-binary world, some might find that wording offensive. Thanks again for your documents. Russ Lewis

Reply from Staff

Thank you!

sheila m.

August 26th, 2019

Very happy with the forms. Ease of use and price were points for high marks.

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Dawn L.

May 26th, 2022

Not totally satisfied as unable to edit as needed on signature page of the deed. I want to be able to date the document and don't want the verbage "signed, sealed and delivered in the presence of" to appear and cannot remove it. The notary will make his or her own statement below as to the date executed.

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RALPH B.

September 22nd, 2019

THE BEST SERVICE WAS ON TIME AS STATED DID ALL THE WORK NEED IN A VERY PROFESSIONAL MANNER GREAT FOLLOW UP AND THE OFFICE STAFF IS FANTASTIC IN RESPONSE AND DOING WHAT I NEED TO HAVE DONE WOULD RECOMMEND THIS COMPANY TO ANYONE WHO NEEDS THIS SERVICE

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Thank you!