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

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

Memorandum of an Installment Sales Contract Form

Knox 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 Knox County compliant document last validated/updated 9/18/2024

Memorandum of an Installment Sales Contract Guide

Knox 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 Knox County compliant document last validated/updated 11/28/2024

Completed Example of the Memorandum of an Installment Sales Contract Document

Knox 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 Knox County compliant document last validated/updated 12/24/2024

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

Knox County Recorder

Courthouse - 200 S Cherry St, 3rd floor, Galesburg, Illinois 61401

Hours: 8:30 to 4:30 M-F

Phone: (309) 345-3818

Local jurisdictions located in Knox County include:

  • Abingdon
  • Altona
  • Dahinda
  • East Galesburg
  • Galesburg
  • Gilson
  • Henderson
  • Knoxville
  • Maquon
  • Oneida
  • Rio
  • Saint Augustine
  • Victoria
  • Wataga
  • Williamsfield
  • Yates City

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

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Knox 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 Knox County that you need to transfer you would only need to order our forms once for all of your properties in Knox County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Illinois or Knox 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 Knox 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 Knox 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 Knox 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 - ( 4449 Reviews )

Daniel B.

December 24th, 2024

easy to use and upload.

Reply from Staff

We are delighted to have been of service. Thank you for the positive review!

Dorothy N.

December 22nd, 2024

The mortgage and note were thorough and very satisfactory for my purposes. The accompanying forms were excellent. I am very pleased with my purchase.

Reply from Staff

We welcome your positive feedback and are thrilled to have met your expectations. Thank you for choosing our services.

Edward E.

December 22nd, 2024

Easy to use.

Reply from Staff

Your feedback is valuable to us and helps us improve. Thank you for sharing your thoughts!

Dreama R.

May 7th, 2019

Awesome! I had to correct a quit claim deed and the form on your site made it very easy.

Thank you

Reply from Staff

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

Michael C.

January 16th, 2019

I would appreciate being able to increase the size of the blocks such as the Grantor block and the legal description block where information is enter on the form and to adjust the font. Otherwise great product,

Reply from Staff

Thank you for your feedback Michael. We do wish we could make that an option. Unfortunately, adhering to formatting requirements (specifically margin requirements) leaves a finite amount of space available on the page.

DEBORAH H.

January 22nd, 2024

This is my fourth try, and I hope my form is complete and acceptable.

Reply from Staff

Your feedback is greatly appreciated. Thank you for taking the time to share your experience!

Maria G.

April 4th, 2019

Very easy and fast. Couldnt ask for anything better.

Reply from Staff

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

Gloria S.

October 31st, 2019

I needed a Contest of Lien form and was told by our County Department that the forms could be obtained online. The whole process of paying and receiving a PDF re-usable form was user friendly and the items that came with the purchase;the directions about filling out the form ect., were a fantastic addition for the price of the document. Happy customer!

Reply from Staff

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

Charles F.

November 20th, 2020

Fantastic service. I purchased the form one day, had it filled out, notarized and e-filed the next day. The following day I received the recorded document back. It was really overnight service!

Reply from Staff

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

Maria S.

February 26th, 2021

The website made it very easy to navigate and order what I needed. Thank you.

Reply from Staff

Thank you!

Rick R.

February 5th, 2021

So far excellent service - I made a boo boo on the deed - no problem they made the change before they sent it off to be recorded. I will never drive to the Recorder's office again.

Reply from Staff

Thank you!

Robert K.

December 26th, 2018

This deed helped me a lot

Reply from Staff

Glad to hear that Robert. Have a great day!

Sara R.

July 24th, 2020

The deed is presently at the auditors office and will be recorded after approval from zoning board. As far as I know, everything is going along well. A self addressed envelope was left at recorder's office for return after recording is complete.

Reply from Staff

Thank you!

silvia m.

November 5th, 2019

Used the forms for a quitclaim deed. Worked great! Also, big bonus to have the extra forms available, needed a couple of them. Highly recommend...

Reply from Staff

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

Kenneth C.

May 11th, 2021

I am not done yet but so far this has worked very slick

Reply from Staff

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