Somerset County Full Release of Memorandum of Contract Form (New Jersey)

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

Full Release of Memorandum of Contract Form

Somerset County Full Release of Memorandum of Contract  Form

Fill in the blank Full Release of Memorandum of Contract form formatted to comply with all New Jersey recording and content requirements.
Included Somerset County compliant document last validated/updated 9/19/2024

Full Release of Memorandum of Contract Guide

Somerset County Full Release of Memorandum of Contract  Guide

Line by line guide explaining every blank on the Full Release of Memorandum of Contract form.
Included Somerset County compliant document last validated/updated 10/28/2024

Completed Example of the Full Release of Memorandum of Contract Document

Somerset County Completed Example of the Full Release of Memorandum of Contract  Document

Example of a properly completed New Jersey Full Release of Memorandum of Contract document for reference.
Included Somerset County compliant document last validated/updated 9/19/2024

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

Somerset County Clerk

20 Grove St / PO Box 3000, Somerville, New Jersey 08876-1262

Hours: 8:15 a.m. - 4:00 p.m M-F

Phone: (908) 231-7013

Local jurisdictions located in Somerset County include:

  • Basking Ridge
  • Bedminster
  • Belle Mead
  • Bernardsville
  • Blawenburg
  • Bound Brook
  • Bridgewater
  • Far Hills
  • Flagtown
  • Franklin Park
  • Gladstone
  • Hillsborough
  • Kingston
  • Liberty Corner
  • Lyons
  • Manville
  • Martinsville
  • Neshanic Station
  • Peapack
  • Pluckemin
  • Raritan
  • Rocky Hill
  • Skillman
  • Somerset
  • Somerville
  • South Bound Brook
  • Warren
  • Watchung
  • Zarephath

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 Somerset 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 Somerset County using our eRecording service.
Are these forms guaranteed to be recordable in Somerset County?

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

Can the Full Release of 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 Somerset County that you need to transfer you would only need to order our forms once for all of your properties in Somerset County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by New Jersey or Somerset 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 Somerset County Full Release of 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.

In New Jersey, a Release of Memorandum of Contract is a document executed to formally acknowledge that a prior agreement, typically a real estate contract, is no longer in effect. Here are the reasons why a seller might execute this document:

1. Termination of a Sales Contract: If a real estate transaction falls through—for example, if the buyer cannot secure financing or if a contingency is not met—the seller might execute a Release of Memorandum of Contract to legally confirm that the deal is no longer active.

2. N.J.S.A. 46:16-1 - Recording of Documents: This statute outlines the requirements for the recording of real property documents, such as deeds, mortgages, and memoranda of contracts. A Release of Memorandum of Contract is typically recorded to remove any encumbrance created by the original memorandum, clearing the title for future transactions.

3. Buyer's Release of Claims: By executing this release, the seller ensures that the buyer no longer has any claims or rights to the property under the previous contract, which allows the seller to move forward with selling the property to someone else.

4. Avoiding Legal Disputes: The release provides legal clarity, confirming that neither party has further obligations under the contract, which can help avoid potential disputes in the future.

5. N.J.S.A. 46:26A-1 et seq. - The New Jersey Recording Act: The Recording Act governs how documents related to real property must be filed and recorded with the county clerk or registrar. A Release of Memorandum of Contract must be recorded to ensure it is effective against third parties and to remove any notice of the previous contract from the public record.
The document effectively serves to "erase" any public record or legal claim that the buyer might have had under the earlier agreement.

Formatted to be executed by the Seller(s) or Seller's representative.

Our Promise

The documents you receive here will meet, or exceed, the Somerset 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 Somerset 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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