Richland County Full Release of Memorandum of Contract Form

Richland County Full Release of Memorandum of Contract Form
Fill in the blank Full Release of Memorandum of Contract form formatted to comply with all South Carolina recording and content requirements.

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

Richland County Completed Example of the Full Release of Memorandum of Contract Document
Example of a properly completed South Carolina 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 South Carolina and Richland County documents included at no extra charge:
Where to Record Your Documents
Richland County Register of Deeds
Columbia, South Carolina 29201 / 29202
Hours: 8:30am to 5:00pm Monday through Friday
Phone: 803-576-1910 or 803-576-1917
Recording Tips for Richland County:
- Ask if they accept credit cards - many offices are cash/check only
- Check margin requirements - usually 1-2 inches at top
- Leave recording info boxes blank - the office fills these
Cities and Jurisdictions in Richland County
Properties in any of these areas use Richland County forms:
- Ballentine
- Blythewood
- Columbia
- Eastover
- Gadsden
- Hopkins
- Irmo
- State Park
- White Rock
Hours, fees, requirements, and more for Richland County
How do I get my forms?
Forms are available for immediate download after payment. The Richland 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 Richland County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Richland 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 Richland 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 Richland County?
Recording fees in Richland County vary. Contact the recorder's office at 803-576-1910 or 803-576-1917 for current fees.
Questions answered? Let's get started!
In South Carolina, a Memorandum of Contract is a document that provides notice of a real estate agreement, typically a purchase or sale contract, without disclosing all of the contract details. This document is often recorded to protect the interests of the parties involved, particularly the buyer, by giving public notice that a contract exists concerning a specific property. The Release of Memorandum of Contract is a document used to formally end or release the claims of the Memorandum when the contract has been terminated, fulfilled, or no longer applies.
Here are the laws, codes, and statutes that guide why a Release of Memorandum of Contract should be recorded in South Carolina:
1. Notice to Third Parties
South Carolina Code § 30-7-10 (Notice of real estate interests): This statute explains that recording certain documents (such as deeds or contracts) provides notice to third parties regarding property interests. Recording a Memorandum of Contract serves as notice that a binding agreement is in place regarding a particular property.
Once the underlying contract is fulfilled or terminated, a Release of Memorandum of Contract should be recorded to notify third parties that the previously recorded interest is no longer valid. Failure to record such a release could lead to confusion or disputes if third parties believe the contract is still in effect.
2. Cloud on Title
South Carolina Code § 15-67-10 (Quiet Title Actions): If a Memorandum of Contract remains recorded even though the contract is no longer valid, it could create a "cloud on title." This is an issue that could affect the marketability of the property. Recording a Release of Memorandum of Contract helps clear the title and removes any potential encumbrances caused by the existence of the previously recorded document.
3. Good Faith and Fair Dealing
Under common law principles and South Carolina Code Title 36, Chapter 2 (Uniform Commercial Code), parties to a contract are expected to act in good faith. This includes the duty to clear records once the obligations have been fulfilled. Recording a Release of Memorandum of Contract is consistent with this duty, ensuring that no further claims or encumbrances are improperly held against the property.
4. Protection Against Fraud
The act of recording a Release of Memorandum of Contract helps protect all parties, including future purchasers, lenders, or other interested parties, from potential fraud. By formally releasing the memorandum, it prevents a party from falsely asserting ongoing rights or claims to the property. South Carolina law emphasizes the importance of clear, accurate public records to prevent fraudulent claims.
5. Preventing Litigation
Recording a Release of Memorandum of Contract can also prevent future litigation. If the Memorandum is not released, there may be disputes or lawsuits regarding whether the contract is still in effect, especially if a new buyer or lender is involved. Recording the release eliminates ambiguity and the possibility of legal disputes over the status of the contract.
Important: Your property must be located in Richland 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 Richland County.
Our Promise
The documents you receive here will meet, or exceed, the Richland 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 Richland 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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