Memorandum or Note Law and Legal Definition

Memorandum or Note is derived from Latin and it is an informal instrument recording some fact or agreement from its beginning. Generally, it is commenced with the words such as "Memorandum, that it is agreed," or “Be it remembered that."

Initially, the Memorandum or Note was used in the 4th section of the statute 29 Charles II. It is known as the statute of frauds and perjuries. This statute was enacted that "no action shall be brought whereby to charge any person upon any agreement made upon consideration of marriage, or upon any contract or sale of lands, tenements, or hereditaments, or any interest in or concerning them, unless the agreement upon which such action shall he brought, or some memorandum or note thereof, shall be in writing." In short, the contract must be stated with reasonable certainty in the memorandum or note, so that it can be understood from the writing itself, without any alternative proof.