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

Pamlico 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.

Pamlico 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.

Pamlico 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.
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Additional North Carolina and Pamlico County documents included at no extra charge:
Where to Record Your Documents
Pamlico County Register of Deeds
Bayboro, North Carolina 28515
Hours: 8:00 to 5:00 M-F
Phone: (252) 745-4421
Recording Tips for Pamlico County:
- White-out or correction fluid may cause rejection
- Bring extra funds - fees can vary by document type and page count
- Leave recording info boxes blank - the office fills these
- If mailing documents, use certified mail with return receipt
Cities and Jurisdictions in Pamlico County
Properties in any of these areas use Pamlico County forms:
- Alliance
- Arapahoe
- Bayboro
- Grantsboro
- Hobucken
- Lowland
- Merritt
- Oriental
- Stonewall
- Vandemere
Hours, fees, requirements, and more for Pamlico County
How do I get my forms?
Forms are available for immediate download after payment. The Pamlico 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 Pamlico County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Pamlico 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 Pamlico 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 Pamlico County?
Recording fees in Pamlico County vary. Contact the recorder's office at (252) 745-4421 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 Pamlico 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 Pamlico County.
Our Promise
The documents you receive here will meet, or exceed, the Pamlico County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
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Get your Pamlico 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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Martin E.
February 16th, 2021
documents and guidance need to properly comply with court
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Cecelia C.
December 16th, 2021
Service was fantastic. So helpful and they promptly get back with you. No reason to drive if you are out of state and need to get a deed filed. Safe way to file if you don't want to go to public office or can't physically get there.
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Anthony L.
February 15th, 2020
I recently needed an affidavit of death. The form and help tools made it easy to fill out and file. the Recorder accepted this form . Which made the experience painless and easy . All things considered..
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Terrance S.
April 6th, 2020
I'd say 5 stars. Thank you.
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Ira S.
June 8th, 2022
Hi, 1. I need a password to be able to copy and paste from the deed. 2. It would be more convenient if all documents could be downloaded together. Ira
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cora c.
December 30th, 2021
ALTHOUGH IT TOOK A LITTLE LONGER THAN EXPECTED TO RECEIVE AN INVOICE TO ALLOW ME TO PAY THE REQUIRED FEES AND HAVE MY DOCUMENT SUBMITTED FOR RECORDING, I REALLY APPRECIATED THE SERVICE AND PROMPT RESPONSES TO MY MESSAGES, SEEKING ASSISTANCE. THANK YOU SO MUCH!
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Ryan K.
August 23rd, 2023
Excellent service! Quick and much easier than having to do everything through the mail. The agent was quick to answer questions and everything was processed and submitted from Deeds.com within a couple of hours. Will definitely use again if the need arises.
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James L.
February 15th, 2022
The process to obtain online forms was simple and straight forward and uncomplicated.
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Everette W.
March 5th, 2023
This form was very helpful ... I wish I had run across your before it would have saved me a lot of money.
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Jean K.
February 25th, 2021
The website worked fine and I would have been happy to pay the extra money except the deed I needed was "not available". Ended up calling the courthouse anyway.
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Deb D.
January 31st, 2019
Excellent website - easy to use, and found exactly the form I needed right away. Highly recommend.
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Barbara H.
October 4th, 2019
So far so good. Thanks for making this easy and affordable.
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ALYSSA J.
August 26th, 2020
I was unable to end up going through with the deed process on my own as it was out of my realm. I suspect if I knew what I was actually doing when completing a deed, it would of been sufficient. I ended up having to go through an attorney to complete the deed.
Glad to hear you sought the assistance of a legal professional familiar with your specific situation, we always recommend that to anyone who is not completely sure of what they are doing. Have a wonderful day.
Theresa J.
June 16th, 2021
I thank you for your service. I received the needed information.
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Sally Ann C.
November 16th, 2019
Thank you for your service. It seems to have worked, I printed a document purporting to be the Deed I needed. I was somewhat disappointed though - I was expecting something as impressive as the Title Search, which goes back to 1828 and includes Millard Fillmore, admittedly not one of our most celebrated Presidents. But I am happy to have what I have, and thank you again! peace - SAVC
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