Question 1

How do I secure a real-estate contract in Richmond?

Accepted Answer

Record a memorandum of contract in the Richmond 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 Richmond allow electronic recording of a memorandum?

Accepted Answer

Jurably files your memorandum with Richmond and tracks it all the way to a recorded instrument; timing follows the county's own turnaround.

Question 3

What does it cost to record a memorandum in Richmond?

Accepted Answer

One flat price that includes the county fee ($10.00 general recording fee + $20.00 surcharge + $2.00 per page (including cover page) first / $2.00 per page; $2.00 per additional block; $3.00 per additional lot; $10.00 per additional mortgage satisfied add'l (+RP-5217 $125 (residential) / $250 (non-residential); TP-584 filing fee $5; affidavit of exemption from mortgage tax $8)), your online notary session, and tracking to a recording number.

Memorandum filing isn't available in New York yet