Edwards County Contract for Deed Form (Illinois)
All Edwards County specific forms and documents listed below are included in your immediate download package:
Contract for Deed Form
Fill in the blank Contract for Deed form formatted to comply with all Illinois recording and content requirements.
Included Edwards County compliant document last validated/updated 7/9/2024
Contract for Deed Guide
Line by line guide explaining every blank on the Contract for Deed form.
Included Edwards County compliant document last validated/updated 10/21/2024
Completed Example of the Contract for Deed Document
Example of a properly completed Illinois Contract for Deed document for reference.
Included Edwards County compliant document last validated/updated 7/24/2024
Real Property Disclosure Form
An executed installment sales contract shall include a statement acknowledging that the seller provided the buyer with the installment sales contract disclosure
Included Edwards County compliant document last validated/updated 10/29/2024
Lead Based Paint Disclosure Form
A Contract for Deed is subject to the Lead Poisoning Prevention Act
Included Edwards County compliant document last validated/updated 10/23/2024
3-day Cancellation Notice Form
Illinois State law requires a 3-day cooling-off period for installment sales contracts
Included Edwards County compliant document last validated/updated 7/29/2024
The following Illinois and Edwards County supplemental forms are included as a courtesy with your order:
When using these Contract for Deed forms, the subject real estate must be physically located in Edwards County. The executed documents should then be recorded in the following office:
Edwards County Clerk/Recorder
50 East Main St, Suite 12, Albion, Illinois 62806
Hours: 8:00 to 4:00 M-F
Phone: (618) 445-2115
Local jurisdictions located in Edwards County include:
- Albion
- Bone Gap
- Browns
- Ellery
- West Salem
How long does it take to get my forms?
Forms are available immediately after submitting payment.
How do I get my forms, are they emailed?
Immediately after you submit payment, the Edwards County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.
What does "validated/updated" mean?
This indicates the most recent date when at least one of the following occurred:
- Updated: The document was updated or changed to remain compliant.
- Validated: The document was examined by an attorney or staff, or it was successfully recorded in Edwards County using our eRecording service.
Are these forms guaranteed to be recordable in Edwards County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Edwards County including margin requirements, content requirements, font and font size requirements.
Can the Contract for Deed forms be re-used?
Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Edwards County that you need to transfer you would only need to order our forms once for all of your properties in Edwards County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Illinois or Edwards County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
What type of files are the forms?
All of our Edwards County Contract for Deed forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Do I need any special software to use these forms?
You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Do I have to enter all of my property information online?
No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
In Illinois, ("Installment sales contract" or "contract" means any contract or agreement, including a contract for deed, bond for deed, or any other sale or legal device whereby a seller agrees to sell and the buyer agrees to buy a residential real estate, in which the consideration for the sale is payable in installments for a period of at least one year after the date of sale, and the seller continues to have an interest or security for the purchase price or otherwise in the property.) ((765 ILCS 67/5) Sec. 5. Definitions)
Key requirements and considerations for a Contract for Deed in Illinois:
1. Written Agreement: The contract must be in writing and signed by both parties. It should include all the terms of the sale, such as the purchase price, payment schedule, interest rate, and responsibilities for taxes and maintenance.
2. Disclosure Requirements: The seller is required to provide certain disclosures to the buyer, including:
o Property Condition: Any known material defects in the property.
o Installment Payment Terms: Detailed terms of the installment payments, including interest rates and payment schedules.
3. Recording the Contract: The buyer should ensure the contract is recorded with the county recorder’s office to protect their interest in the property. This helps in providing notice to third parties and securing the buyer’s interest.
4. Equitable Title: While the seller retains legal title, the buyer receives equitable title, giving them the right to occupy and use the property.
5. Default and Forfeiture: The contract should outline what constitutes a default and the consequences, which may include forfeiture of the property. Illinois law provides some protections for buyers, such as requirements for notice and an opportunity to cure the default before forfeiture.
6. Interest and Fees: (The interest rate being charged, if any, expressed only as an annual percentage rate.) (765 ILCS 67/10) (5))
7. Compliance with Local Laws: Ensure the contract complies with all relevant local, state, and federal laws, including consumer protection laws.
8. Legal Description of Property: The contract should include a legal description of the property being sold.
9. Transfer of Title: The contract should specify that the seller will transfer the legal title to the buyer once all payments have been made and the terms of the contract are fulfilled.
10. Insurance and Taxes: The contract should specify who is responsible for paying property taxes and maintaining insurance on the property during the installment period.
11. Right to Prepay: (Prepayment penalties prohibited. The seller may not charge or collect a prepayment penalty or any similar fee or finance charge if the buyer elects to pay the outstanding principal balance of the purchase price under the contract before the scheduled payment date under the contract.) (765 ILCS 67/60)Sec. 60.)
12. (An amortization schedule, as defined in Section 5.) (765 ILCS 67/10)(23.)
[As used in this Act, unless the context otherwise requires:
"Amortization schedule" means a written schedule which sets forth the date of each periodic payment, the amount of each periodic payment that will be applied to the principal balance and the resulting principal balance, and the amount of each periodic payment that will be applied to any interest charged, if applicable, pursuant to the contract.] [765 ILCS 67/5] Sec. 5. Definitions]
13. A versatile Contract that can be used for installment payment and/or with ballon payment option. Use for residential, condominiums and rental properties. Residential property has additional requirements, a 3 day notice of Right to Cancel, RESIDENTIAL REAL PROPERTY DISCLOSURE REPORT, residential homes built before 1978 require a Disclosure of Information and Acknowledgement-Lead-Based Paint and/or Lead-Based Paint Hazards. Included for your convenience.
Our Promise
The documents you receive here will meet, or exceed, the Edwards County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Edwards County Contract for Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
4.8 out of 5 - ( 4420 Reviews )
Jimmy W.
November 1st, 2024
Very thorough with plenty of instructions. Nice to be able to fill in the forms on my computer at my own pace and edit if needed. Jim
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
RUTH A.
October 25th, 2024
I am so very thankful for the service that you provide for the public, thank you very much.
We deeply appreciate the trust you have placed in our services. Thank you for your valuable feedback and for choosing us.
Nancy R.
October 25th, 2024
Deeds.com is very precise, helpful and friendly. I found the form I needed without any effort and everything worked perfect and smooth. I recommend it 100%. rnThank you.
We are delighted to have been of service. Thank you for the positive review!
Dorothy J F.
May 9th, 2024
Appreciated the prompt answers to my inquiries…
We are grateful for your engagement and feedback, which help us to serve you better. Thank you for being an integral part of our community.
Beth O.
January 15th, 2023
Easy peasy! Thank y'all so much.
Thank you!
Roger G.
October 25th, 2019
Straight to the point and easy to use site.
Thank you!
suzanne m.
April 9th, 2020
Finding what I needed was quick and easy.
Thank you!
Mark R.
January 10th, 2019
Easy and simple to understand, had no trouble with the transaction or the forms. Recorded on the first try, not something that happens very often.
Great to hear that Mark. have an awesome day!
Karin G.
January 28th, 2021
All went well. Forms easy to download and instructions were super. Very pleased with the service.
Thank you!
James S.
July 16th, 2019
The forms download was quick and easy. The example deed was excellent. However, the payment method should include PayPal, not just credit cards.
Thank you for your feedback James, we appreciate it.
Marc T.
August 19th, 2021
Excellent service
Thank you!
Gerald M.
November 25th, 2021
So easy to do. The examples and guides are well worth the few $$ this cost. Highly recommend!!
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Deborah K.
February 2nd, 2023
great job but, I wanted to upload a document. I got it wrong, but the info was good.
Thank you!
Barbara G.
July 29th, 2019
I got what I needed very quickly. Thank you.
Thank you!
Vicki M.
August 16th, 2022
Deeds.com served my needs perfectly providing a form for a very reasonable price. Every other site was double or more. The form was easy to complete and I like that I can access it if I need to make changes. I had contacted a paralegal to prepare this form for me and she quoted $150. I saved time and money with Deeds.com.
Thank you for your feedback. We really appreciate it. Have a great day!