Memorandum of Contract
Notice of confidentiality rights: If you are a natural person, you may remove or strike any or all of the following information from any instrument that transfers an interest in real property before it is filed for record in the public records: your Social Security number or your driver’s license number.
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]