Lorain County Full Release of Memorandum and Notice of Agreement Form

Additional Ohio and Lorain County documents included at no extra charge:

Where to Record Your Documents

---

Cities and Jurisdictions in Lorain County

Properties in any of these areas use Lorain County forms:

• Amherst
• Avon
• Avon Lake
• Columbia Station
• Elyria
• Grafton
• Kipton
• Lagrange
• Lorain
• North Ridgeville
• Oberlin
• Sheffield Lake
• Wellington

---

In Ohio, a Full Release of Memorandum and Notice of Agreement (typically referring to a land contract or real estate contract) should be recorded when the underlying agreement is terminated, satisfied, or no longer enforceable. This ensures clear title and protects future buyers, lenders, and owners.
________________________________________
When to Record a Full Release of Memorandum
You should record the release when:
1. The Land Contract or Agreement Has Been Fully Performed
• The buyer has completed all installment payments under a land contract.
• Title has been (or will be) transferred by deed.
• The contract is no longer needed as evidence of equitable interest.
2. The Contract Has Been Terminated or Canceled
• If either party lawfully terminates the agreement (e.g., buyer default, mutual rescission).
• This includes forfeiture proceedings or cancellation by mutual release.
3. To Clear Cloud on Title
• A recorded Memorandum and Notice of Agreement creates a public notice of a party’s interest.
• If that interest no longer exists, failing to release it can cloud title and prevent sale or refinancing.
________________________________________
Why Recording Is Important
Reason Explanation
Clear chain of title Prevents confusion over current ownership and interest.
Protects future buyers/lenders Shows the agreement is no longer in effect, reducing risk.
Complies with title company requirements Needed for issuing clear title insurance.
Avoids potential litigation Prevents claims of continuing interest or disputes.
________________________________________
Legal Background
In Ohio, there's no statute that specifically requires a release of a memorandum — but once a memorandum is recorded (under R.C. § 5301.25), it becomes constructive notice of the agreement. If the agreement ends, releasing that memorandum is strongly recommended to:
• Avoid misleading third parties
• Ensure a clean public record

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

This Full Release of Memorandum and Notice of Agreement meets all recording requirements specific to Lorain County.

Our Promise

The documents you receive here are guaranteed to meet or exceed the applicable Lorain County recording format requirements. If there is a rejection caused by our formatting, we will correct the issue or refund your payment. This guarantee applies to document formatting only and does not extend to information entered by the user, the selection of the form, or the legal effect of the completed document.

Save Time and Money

Get your Lorain County Full Release of Memorandum and Notice of Agreement 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.

4.8 out of 5 - ( 4767 Reviews )