Memorandum of Contract
Date:
Contract: [Groundwater Rights Sale Contract/Surface Water Rights Sale Contract]
Date:
Seller:
Buyer:
Description of Water Rights:
This Memorandum of Contract is given to evidence Buyer’s right to acquire the Water Rights pursuant to the terms of the Contract. Buyer and Seller will execute a notice of termination of the Contract if the Contract is terminated before completion of the sale.
Buyer:
[Name of buyer]
STATE OF TEXAS
COUNTY OF [county]
This instrument was acknowledged before me on [date] by [name].
Notary Public, State of Texas
Seller:
[Name of seller]
STATE OF TEXAS
COUNTY OF [county]
This instrument was acknowledged before me on [date] by [name].
Notary Public, State of Texas
After recording, return to:
[name and address]