Carroll County Memorandum of an Installment Sales Contract Form (Illinois)

All Carroll County specific forms and documents listed below are included in your immediate download package:

Memorandum of an Installment Sales Contract Form

Carroll County Memorandum of an Installment Sales Contract Form

Fill in the blank Memorandum of an Installment Sales Contract form formatted to comply with all Illinois recording and content requirements.
Included Carroll County compliant document last validated/updated 9/18/2024

Memorandum of an Installment Sales Contract Guide

Carroll County Memorandum of an Installment Sales Contract Guide

Line by line guide explaining every blank on the Memorandum of an Installment Sales Contract form.
Included Carroll County compliant document last validated/updated 9/30/2024

Completed Example of the Memorandum of an Installment Sales Contract Document

Carroll County Completed Example of the Memorandum of an Installment Sales Contract Document

Example of a properly completed Illinois Memorandum of an Installment Sales Contract document for reference.
Included Carroll County compliant document last validated/updated 8/19/2024

When using these Memorandum of an Installment Sales Contract forms, the subject real estate must be physically located in Carroll County. The executed documents should then be recorded in the following office:

Carroll County Clerk / Recorder

County Courthouse - 301 N Main St #203 / PO Box 152, Mt. Carroll, Illinois 61053

Hours: 8:30am to 4:30pm Monday through Friday

Phone: (815) 244-0223

Local jurisdictions located in Carroll County include:

  • Chadwick
  • Lanark
  • Milledgeville
  • Mount Carroll
  • Savanna
  • Shannon
  • Thomson

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 Carroll 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 Carroll County using our eRecording service.
Are these forms guaranteed to be recordable in Carroll County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Carroll County including margin requirements, content requirements, font and font size requirements.

Can the Memorandum of an Installment Sales Contract 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 Carroll County that you need to transfer you would only need to order our forms once for all of your properties in Carroll County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Illinois or Carroll 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 Carroll County Memorandum of an Installment Sales Contract 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.

The seller has the option of recording the Contract for Deed, or a Memorandum of Contract (within 10 business days of the date of sale of any residential real estate subject to an installment sales contract, and prior to any subsequent sale or other transfer of any interest in the residential real estate or contract by the seller, the seller shall record the contract or a memorandum of the contract with the county recorder of deeds. A memorandum of the contract shall be titled "MEMORANDUM OF AN INSTALLMENT SALES CONTRACT") ((765 ILCS 67/20(a))

In short an ("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. "Installment sales contract" does not include a financing arrangement that for religious or cultural reasons does not allow the imposition or collection of interest and that is offered by a person, partnership, association, limited liability company, or corporation doing business under and as permitted by any law of this State or the United States relating to banks, savings and loan associations, savings banks, credit unions, or third-party religious or cultural lenders.) ((765 ILCS 67/5)

Why record a Memorandum instead of a Contract?
Memorandum of Contract: This is useful when you want to protect certain details of the agreement while still providing public notice of its existence. It is appropriate for maintaining some level of privacy and avoiding the recording of lengthy or sensitive contract details.

Original Contract: Recording the original contract is beneficial when you need full legal protection and clarity. It ensures that all terms are public and enforceable, providing comprehensive protection against disputes and claims.

Our Promise

The documents you receive here will meet, or exceed, the Carroll 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 Carroll County Memorandum of an Installment Sales Contract 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 - ( 4434 Reviews )

James S.

November 21st, 2024

Forms used, created quitclaim deed that the county accepted without a second look (turns out they see deeds.com forms regularly via erecording and in person). Will be back for any real estate related forms I need and they carry. Will always be my first stop. Also, will use erecording next time, mad I didn't see it this time.

Reply from Staff

Thanks for the kind words James, glad we could help. Look forward to seeing you again.

Thomas G.

November 21st, 2024

Wasn’t what I expected

Reply from Staff

Sorry to hear that your expectations were missed. Your order has been canceled. We do hope that you find something more suitable to your expectations elsewhere. Do keep in mind that purchasing legal forms should not be an exploratory endeavor.

Jimmy P.

November 20th, 2024

They sent me everything I would need to do this. Easy purchase -Easy download. Great!! I'll be back here for all my document needs.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Donna C.

April 1st, 2022

Easy to use.

Reply from Staff

Thank you!

Victoria T.

April 17th, 2021

This is a great website!!! Easy to use and inexpensive. Thank you deeds.com!

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Theodore K.

September 8th, 2021

This does the job but we are not able to save this in our account and if you don't pay for Adobe and only have Adobe reader, I cannot save any information on the form online in my account. I do understand why they do this because they would lose money. A huge issue is that when I got to the end of the document and was adding an Exhibit A, as I typed, the page kept jumping back up the to top and I couldn't see what I was typing. I had to type a little then scroll back down and when I would type more, it would jump up again. This was a real problem.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Desmond L.

December 27th, 2018

Easy access

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

spencer d.

February 9th, 2023

Great and quick service!

Reply from Staff

Thank you!

catherine f.

May 28th, 2019

Easy! 5 stars

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

James W.

February 27th, 2021

We were able to find deceased parents' deed.

Reply from Staff

Thank you!

Jerry W.

March 16th, 2020

Great program and easy to follow instructions.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Jena S.

April 7th, 2020

I love how quick the turnaround is, my only request would be for an email notification be sent once an invoice is ready and then once a document is recorded and ready to download (only because I have a large caseload and it's very easy to forget things sometimes).

Reply from Staff

Thank you!

catherine c.

August 22nd, 2020

very efficient with communication and follow-up(s) will be using again, thank you!:)

Reply from Staff

Thank you!

Bayyinah M.

March 30th, 2022

EasyPeasy!

Reply from Staff

Thank you!

Gerald C.

May 25th, 2019

Pros, quick purchase and document availability including instructions and examples.

Cons, For the cert. of trust, the form would not accept the length of our trust name with no way to get around. The pdf file printing did not meet the requirements for 2.5" top margin and .5" other margins as well as the 10pt font size as the form information was shrunk down even when normal printing.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!