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ELECTRONIC RECORDING MEMORANDUM OF UNDERSTANDING THIS MEMORANDUM OF UNDERSTANDING (YOU) is between Mary Louise Nicholson, Tarrant County Clerk, (CLERK), Tarrant County (COUNTY), Marathon, Inc. A Thomson
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It is a document that records the details of a real estate transaction electronically.
The parties involved in a real estate transaction, such as buyers, sellers, and lenders, are required to file the electronic recording memorandum.
The electronic recording memorandum can typically be filled out online through an electronic recording platform or software provided by the county or jurisdiction where the real estate transaction took place.
The purpose of electronic recording memorandum is to provide a permanent record of the details of a real estate transaction, including property information, purchase price, and parties involved.
Information such as property address, legal description, purchase price, names of buyers and sellers, and any liens or encumbrances on the property must be reported on the electronic recording memorandum.
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