Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Memorandum
NAR
Updated 10-31-2026
Memorandum
Sometimes also referred to as a "Bidder Acknowledgment," or "Broker Acknowledgment," the memorandum is signed by those parties either on the auction floor or in the contract room.
NAR Glossary of Terms
NAR · p. 13
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