A Memorandum of Installment Land Contract is typically recorded to provide public notice of a buyer’s equitable interest in real property under an installment sale arrangement. Once the underlying contract is satisfied, terminated, or otherwise no longer in effect, it is essential to release the memorandum of record.

Common reasons to release a Memorandum of Contract in Tennessee

1. The contract has been fully performed, and the deed has been delivered and recorded.

2. The contract has expired without full performance.

3. The contract has been canceled or terminated, whether by mutual agreement or default.

4. The memorandum was recorded in error or relates to an offer that has been withdrawn.

Why release is required:
Failure to record a release may result in a “cloud on title,” hindering the seller or buyer from subsequently selling, refinancing, or insuring the property, as the memorandum constitutes a recorded claim against the property.

For use in Tennessee only.

How to Use This Form

Select your county from the list above
Download the county-specific form
Fill in the required information
Have the document notarized if required
Record with your county recorder's office

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Common Uses for Release of Memorandum of Installment Land Contract

Document the abandonment of a buyer's interest in a land contract
Structure a property sale with a down payment and monthly terms
Establish a buyer's equitable interest in a property under contract
Release the seller's interest in a property after the buyer pays in full
Document a rent-to-own or lease-purchase arrangement

Compare other Tennessee deed forms and documents

Quitclaim Deed Gift Deed Warranty Deed Special Warranty Deed Grant Deed Easement Deed Termination of Easement Correction Deed Affidavit of Heirship Administrator Deed Executor Deed Deed of Trust Assignment of Deed of Trust Full Release of Deed of Trust Partial Release of Deed of Trust Installment Land Contract Memorandum of Installment Land Contract Certificate of Trust Trustee Deed Durable Power of Attorney Specific Power of Attorney for the Purchase of Property Specific Power of Attorney for the Sale of Property Mineral Deed Mineral Deed with Quitclaim Covenants Notice of Completion Notice of Transfer Notice of Spousal Non-Responsibility Indemnity Agreement Demand for Enforcement Notice to Owner Notice of Mechanics Lien Notice of Non-Payment Partial Lien Waivers Final Lien Waiver Release of Mechanic Lien Contractor Notice of All Liens Paid Lien Lis Pendens Disclaimer of Interest

Important: County-Specific Forms

Our release of memorandum of installment land contract forms are specifically formatted for each county in Tennessee.

After selecting your county, you'll receive forms that meet all local recording requirements, ensuring your documents will be accepted without delays or rejection fees.

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