Piatt County Contract for Deed Form (Illinois)
All Piatt 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 Piatt 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 Piatt 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 Piatt 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 Piatt 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 Piatt 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 Piatt County compliant document last validated/updated 7/29/2024
The following Illinois and Piatt 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 Piatt County. The executed documents should then be recorded in the following office:
County Clerk & Recorder
Courthouse - 101 W Washington St, Room 110 / PO Box 558, Monticello, Illinois 61856
Hours: 8:30 to 4:00 Monday through Friday
Phone: (217) 762-9487
Local jurisdictions located in Piatt County include:
- Bement
- Cerro Gordo
- Cisco
- De Land
- Hammond
- La Place
- Mansfield
- Milmine
- Monticello
- White Heath
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 Piatt 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 Piatt County using our eRecording service.
Are these forms guaranteed to be recordable in Piatt County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Piatt 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 Piatt County that you need to transfer you would only need to order our forms once for all of your properties in Piatt County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Illinois or Piatt 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 Piatt 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 Piatt 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 Piatt 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.
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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
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October 25th, 2024
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October 25th, 2024
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annie m.
February 13th, 2023
recently joined Deeds.com. still exploring the site. has been very helpful in providing local information for recording, such as fees and requirements. i am working to correct mistakes made within a deed. it is amazing how these municipalities operate outside the scope of Article 1, Section 8, Clause 17; to claim land is "in" the "State of ____. when the land is actually not ceded to the United States of America as for use for needful buildings. beware of the fraud perpetrated by Attorneys in the recording of your Deeds. Registration as "RESIDENTIAL" puts your private-use land on the TAX rolls with the use of that one word. i recommend this site as it appears there is information for each state and each county office. will update my review once i place an order.
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February 26th, 2024
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Ardith T.
May 18th, 2020
Very clear and complete. Good value.
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James J.
December 27th, 2019
Downloaded and used the Ladybird Warranty Deed for a county in Florida with no issues. Cost for the download and subsequent recording fee of the deed totaled less than $40. No reason to pay hundreds. I assume the subsequent transfer upon death will go smoothly, but I of course, will never know. The "example" of a completed form was very beneficial. Also, get a copy of the current deed and make sure legal description of real estate is exactly the same on the new deed.
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Patricia E.
June 8th, 2020
Easy to understand and download!
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Angela B.
July 22nd, 2020
The site made everything very easy to understand and access. I was able to get everything I needed and the cost was reasonable.
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Rox Ann S.
April 15th, 2023
Very impressed with how fast the service was. Got what I needed within 20 to 30 minutes.
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Linley S.
April 22nd, 2020
This website is extremely easy to use and provides exactly what is needed to record things. I am very appreciative of this service, especially when I can't get to the court right now due to them being closed due to COVID-19 right now. Thank you!
Thank you Linley, glad we are able to help.
Patricia S.
August 3rd, 2022
The forms was easy to use and the guides was helpful
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ronnie y.
May 8th, 2019
nice to get everything I need for the county that the property is located.
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Terry M.
December 2nd, 2021
Application is not well laid out. I guess it does the job but leaves a lot to be desired. Hard to follow
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Florentes P.
January 20th, 2019
The form is so limited in space that I can not fit the vesting information as well as the real property information. The property information, I could put it as Exhibit A. which is not the usual way. Not happy.
Sorry to hear that you are not happy with the available space on the document you received. Per your request we have canceled your order. We do hope you are able to find a solution that meets your needs and the recording/statutory requirements of the document. Have a great day!