Question 1

How do I secure a real-estate contract in Los Angeles?

Accepted Answer

Record a memorandum of contract in the Los Angeles real-property records. It puts the public on notice of your equitable interest so the seller can’t cleanly sell to someone else. Notarized online, recorded with the county, and returned to you.

Question 2

Does Los Angeles allow electronic recording of a memorandum?

Accepted Answer

Los Angeles supports electronic recording (via Simplifile), so a compliant memorandum can be on record quickly.

Question 3

What does it cost to record a memorandum in Los Angeles?

Accepted Answer

One flat price that includes the county fee ($15.00 first / $3.00 per additional page add'l (+$75 SB2 fee (Building Homes and Jobs Act) + $10 DA Fraud Fee + $2 Restrictive Covenant Modification Program fee, per document unless exempt)), your online notary session, and tracking to a recording number.

Memorandum filing isn't available in California yet