Scribd
Upload
674 views2 pages

Memorandum of Contract For Sale and Purchase of Property

This memorandum summarizes an unrecorded contract for the sale of a property described in an attached exhibit between a seller and purchaser. The contract terms, which are incorporated by reference, specify that the seller agrees to sell and the purchaser agrees to buy the property. The seller also agrees not to enter into any new contracts regarding the property without the purchaser's written consent. This memorandum is not a complete summary of the contract and the contract terms will control over any conflicts with the memorandum. The memorandum was executed on a specified date and witnessed by notaries public.

Uploaded by

dummy account
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
674 views2 pages

Memorandum of Contract For Sale and Purchase of Property

This memorandum summarizes an unrecorded contract for the sale of a property described in an attached exhibit between a seller and purchaser. The contract terms, which are incorporated by reference, specify that the seller agrees to sell and the purchaser agrees to buy the property. The seller also agrees not to enter into any new contracts regarding the property without the purchaser's written consent. This memorandum is not a complete summary of the contract and the contract terms will control over any conflicts with the memorandum. The memorandum was executed on a specified date and witnessed by notaries public.

Uploaded by

dummy account
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

MEMORANDUM OF CONTRACT

FOR SALE AND PURCHASE OF PROPERTY


This is a Memorandum of that unrecorded Contract for Sale and Purchase of Property
("Contract"), dated ________________, between _____________________________________,
(hereinafter referred to as "Seller"), and _________________________________, (hereinafter
referred to as "Buyer") concerning the real property ("Property") described in Exhibit "A" attached
hereto and made a part hereof by reference.

For good and valuable consideration, Seller has agreed to sell and Buyer has agreed to
buy, the Property upon the terms and conditions set forth in the Contract, which terms and
conditions are incorporated in this Memorandum by this reference. Except as provided in the
Contract from the date hereof, Seller shall not have the right, with respect to the Property to
enter into any new contracts, leases or agreements, oral or written, without the prior written
consent of Buyer.

This Memorandum is not a complete summary of the Contract. Provisions of this


Memorandum shall not be used in interpreting the Contract. In the event of conflict between this
Memorandum and the Contract, the Contract shall control.

IN WITNESS WHEREOF, the parties have executed this Memorandum on


_________________, 19_____.

Witnesses: SELLER:

_____________________________ ______________________________

_____________________________

_____________________________ ______________________________

_____________________________

PURCHASER:

_____________________________ ______________________________

_____________________________

_____________________________ _____________________________

_____________________________

STATE OF ______________________

COUNTY OF _____________________

The foregoing instrument was acknowledged before me this _(13)_ day


of ________________, 19_____, by ___________________ as Seller.

_____________________________
Notary Public

My Commission Expires: _______________________


STATE OF _______(11)_________)
)
COUNTY OF ______(12)_________)

The foregoing instrument was acknowledged before me this _(13)_ day


of _____(14)_______, 19_(15)_, by ________(16)_________ as
Purchaser.

____________(17)______________
Notary Public

My Commission Expires: _________________

NOTICE

The information in this document is designed to provide an outline that you can follow
when formulating business or personal plans. Due to the variances by many local, city, county
and state laws, we recommend that you seek professional legal counseling before entering into
any contract or agreement.

You might also like