As a Texas resident, you may find yourself in a situation where you need to file a memorandum of contract. A memorandum of contract is a legally binding document that outlines the terms and conditions of a business agreement. This article will guide you through the steps on how to file a memorandum of contract in Texas.

Step 1: Create the Memorandum of Contract

The first step in filing a memorandum of contract in Texas is to create the document. This document should clearly outline the terms and conditions of the business agreement between the parties involved. It should be signed by the parties involved and notarized to ensure its validity.

Step 2: Notarize the Memorandum

To notarize the memorandum, you will need to have all parties present their government-issued identification to the notary. The notary will then check the identification to ensure that all parties are of legal age and have the legal capacity to enter into a contract. The notary will then witness the signing of the document and add their seal to the document.

Step 3: File the Memorandum of Contract

Once the memorandum is notarized, it can be filed with the county clerk`s office in the county where the property is located. You will need to pay a filing fee, which varies by county. The clerk will then review the memorandum to ensure that it complies with all legal requirements and then add it to the public records.

Step 4: Serve the Memorandum of Contract

Once the memorandum is filed and recorded, it must be served to all parties involved in the agreement. Service can be made by certified mail or by personal delivery. The party who files the memorandum is responsible for serving all parties involved in the agreement.

Conclusion

Filing a memorandum of contract in Texas is a straightforward process. The memorandum should clearly outline the terms and conditions of the business agreement and be notarized to ensure its validity. Once filed, the memorandum will become part of the public records and must be served to all parties involved in the agreement. By following these steps, you will successfully file a memorandum of contract in Texas.