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A notice of interest (or memorandum of contract) is sent out when a potential buyer or investor has a shared and equitable interest in a property as a result of a signed purchase and sale contract.
It simply indicates that you are interested in the property and would like to be told if a Closing Date for offers is set. A Closing Date is a time and date by which all offers on a property should be submitted, in writing, by any interested party's solicitor.
Filing of notice of claim of interest authorized -- Effect of possession of land by record owner of possessory interest.