Clay County Memorandum of Contract Form (Indiana)

All Clay County specific forms and documents listed below are included in your immediate download package:

Memorandum of Contract Form

Clay County Memorandum of Contract Form

Fill in the blank Memorandum of Contract form formatted to comply with all Indiana recording and content requirements.
Included Clay County compliant document last validated/updated 10/18/2024

Memorandum of Contract Guide

Clay County Memorandum of Contract Guide

Line by line guide explaining every blank on the Memorandum of Contract form.
Included Clay County compliant document last validated/updated 11/18/2024

Completed Example of the Memorandum of Contract Document

Clay County Completed Example of the Memorandum of Contract Document

Example of a properly completed Indiana Memorandum of Contract document for reference.
Included Clay County compliant document last validated/updated 11/6/2024

When using these Memorandum of Contract forms, the subject real estate must be physically located in Clay County. The executed documents should then be recorded in the following office:

Clay County Recorder

Courthouse - 609 E National Ave, Rm 111, Brazil, Indiana 47834

Hours: 8:00am-4:00pm M-F

Phone: (812) 448-9005

Local jurisdictions located in Clay County include:

  • Bowling Green
  • Brazil
  • Carbon
  • Centerpoint
  • Clay City
  • Coalmont
  • Cory
  • Harmony
  • Knightsville
  • Staunton

How long does it take to get my forms?

Forms are available immediately after submitting payment.

How do I get my forms, are they emailed?

Immediately after you submit payment, the Clay County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.

What does "validated/updated" mean?

This indicates the most recent date when at least one of the following occurred:

  • Updated: The document was updated or changed to remain compliant.
  • Validated: The document was examined by an attorney or staff, or it was successfully recorded in Clay County using our eRecording service.
Are these forms guaranteed to be recordable in Clay County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Clay County including margin requirements, content requirements, font and font size requirements.

Can the Memorandum of Contract forms be re-used?

Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Clay County that you need to transfer you would only need to order our forms once for all of your properties in Clay County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Indiana or Clay County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.

What type of files are the forms?

All of our Clay County Memorandum of Contract forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.

Do I need any special software to use these forms?

You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.

Do I have to enter all of my property information online?

No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.

Can I save the completed form, email it to someone?

Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.

Are there any recurring fees involved?

No. Nothing to cancel, no memberships, no recurring fees.

A "Memorandum of Contract" in Indiana is a legal document used to provide public notice of a contract or agreement concerning real estate without revealing the full details of the contract. When recorded in the county where the property is located, it serves as a way to notify third parties, such as potential buyers or lenders, that there is an existing contract or agreement related to the property.

IN Code § 36-2-11-20 Sec. 20. (a) As used in this section, "contract" means an agreement for a seller to sell real estate to a purchaser that provides for the purchaser to pay the purchase price to the seller in periodic installments, with the seller retaining record title to the real estate and the purchaser acquiring equitable title to the real estate.

Purpose: The primary purpose of a Memorandum of Contract is to secure the parties' interests by making the existence of a contract public without disclosing the full contract terms. Use this form for real property purchase agreements.

IN Code § 36-2-11-20 (g) A memorandum of a lease or a memorandum of contract may be recorded in lieu of the lease or contract itself if the memorandum is executed and acknowledged by the parties and contains:
(1) the names of the parties;
(2) the term of the lease or contract;
(3) any option of the lessee to renew or extend the term of the lease or of the purchaser to renew or extend the term of the contract; and
(4) the specific legal description of the real estate, or a survey or plot plan authorized under subsection (i) showing the location of the real estate.
(h) A memorandum recorded under this section may also contain any other agreement made between the parties in the lease or contract.

Statutory Basis: Indiana has statutes governing the recording of documents affecting real estate. Indiana Code § 32-21-4 provides general guidelines for recording instruments, including those affecting real estate interests. Specific requirements may vary based on the type of contract and the county.

Effect of Recording: Once recorded, the memorandum places a cloud on the title, meaning any future buyers or creditors will be aware of the existing contract. This can protect the parties from unauthorized transactions or encumbrances.

For use in Indiana only.

Termination: If the underlying contract is terminated, parties typically record a document to release the memorandum, clearing the title.

Our Promise

The documents you receive here will meet, or exceed, the Clay 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 Clay County 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.

4.8 out of 5 - ( 4434 Reviews )

James S.

November 21st, 2024

Forms used, created quitclaim deed that the county accepted without a second look (turns out they see deeds.com forms regularly via erecording and in person). Will be back for any real estate related forms I need and they carry. Will always be my first stop. Also, will use erecording next time, mad I didn't see it this time.

Reply from Staff

Thanks for the kind words James, glad we could help. Look forward to seeing you again.

Thomas G.

November 21st, 2024

Wasn’t what I expected

Reply from Staff

Sorry to hear that your expectations were missed. Your order has been canceled. We do hope that you find something more suitable to your expectations elsewhere. Do keep in mind that purchasing legal forms should not be an exploratory endeavor.

Jimmy P.

November 20th, 2024

They sent me everything I would need to do this. Easy purchase -Easy download. Great!! I'll be back here for all my document needs.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Alicia S.

August 17th, 2021

It's been a difficult time during my divorce. Glad I was able to get the house related documents easily here.

Reply from Staff

Thank you!

Joseph B.

September 8th, 2022

All very good

Reply from Staff

Thank you!

Richard E.

August 10th, 2021

The QuitClaim deed does not provide enough space in the Grantor block at the top of the first page. In fact, all blocks should provide more space.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Kahn B.

May 2nd, 2019

The Quitclaim deed seems pretty simple However I wonder if I can fll out the paper as easily as it looks
I appreciate very much the sample and the direction for filling out the deed.
Now I am in the process of gathering document to fill out the deed and I think only when after everything done, I may have a clear idea how good the Quitclaim Deed is.
I hope I can follow instruction and will successfully done the paperwork.
Thank you very much.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

James G.

March 30th, 2022

Very Happy. Forms saved me from making some very silly mistakes had I done them on my own.

Reply from Staff

Thank you!

Allen H.

April 30th, 2021

Your program was invaluable to us, I used it for my Mom's estate and when she passed the transition was seamless and no probate was involved. I am going to use this for myself to transfer my property over to my children in upon my death. Can't say enough positive things about it.

Thanks,

Allen

Reply from Staff

Thank you!

Katherine S.

July 11th, 2022

This was easy!!

Reply from Staff

Thank you!

Linda W.

April 21st, 2020

The Quitclaim deed form was fine. Unfortunately, all I wanted to accomplish was to transfer property held in my name into my trust, but I could not any wording on the information you provided on how to accomplish this. It was not a sale, just a transfer from me to me as trustee.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Jill A.

March 26th, 2021

Finding current forms in one place helps simplify the process. Thank you.

Reply from Staff

Thank you!

Vicky M.

September 1st, 2022

I would give Deeds.com 10 stars if I could!! The staff were super friendly and easy to work with. They kept me constantly updated during the process of uploading and forwarding my deeds for recording. And, the price was extremely reasonable. I look forward to utilizing Deeds.com every time I need to record a deed no matter what U.S. State. I wholeheartedly recommend them!

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Caroline W.

June 30th, 2019

They didn't have what I needed, but they were very quick in responding to let me know and where I needed to go to receive the desired information.

Reply from Staff

Thank you for your feedback Caroline.

John W.

February 10th, 2021

Wow, I wish that I would have found Deeds.com before! Great service!

Reply from Staff

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