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In the tutorial, several options are discussed for dealing with a memorandum related to a property sale. One option is to file the memorandum to prevent the property owner from selling to another buyer and to keep the memorandum on the property until it's sold. The holder can then either exercise the right to purchase based on the original terms or request a payoff to release the memorandum. The payoff amount can vary, and releasing the memorandum is conditional upon receiving the specified payment. Alternatively, the holder may pursue a lawsuit for specific performance, potentially settling for a monetary amount or compelling a court to transfer the property title according to the agreement. The discussion also touches on the visibility of a sub-2 transaction.