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

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

Memorandum of an Installment Sales Contract Form

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

Memorandum of an Installment Sales Contract Guide

Menard 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 Menard County compliant document last validated/updated 9/30/2024

Completed Example of the Memorandum of an Installment Sales Contract Document

Menard 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 Menard 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 Menard County. The executed documents should then be recorded in the following office:

County Clerk/Recorder

Courthouse - 102 S 7th St / PO Box 465, Petersburg, Illinois 62675

Hours: 8:30 a.m. - 4:30 p.m. Monday - Friday

Phone: (217) 632-3201

Local jurisdictions located in Menard County include:

  • Athens
  • Greenview
  • Lincolns New Salem
  • Oakford
  • Petersburg
  • Tallula

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

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

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Illinois or Menard 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 Menard 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 Menard 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 Menard 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.

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Carol M.

January 13th, 2020

Great service

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Mildred S.

November 8th, 2021

This was an excellent service to amend a deed. It was a little frustrating at first, but well worth it, as they review your documents before submission to your "Recorder of Deeds" to make sure they are not rejected.

Would definitely use them again.

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Klint D.

October 2nd, 2020

Quick and easy

Reply from Staff

Thank you!

Mark W.

May 9th, 2019

Easy, simple and fast.
I am familiar with deeds in my state and these looked correct.
The common missed document of TRANSFER OF REAL ESTATE VALUE document was also included. Kudos on being complete.

Reply from Staff

Thanks Mark, we really appreciate your feedback.

Leslie S.

February 12th, 2020

The site was quick and easy to find information I needed. It also provided extra paperwork that would assist me.

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January 31st, 2020

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Thanks I will recommend to friend

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Jeanette S.

January 2nd, 2020

Easy to use and instructions were very clear. If possible, it would be nice to be able to download the entire package at one time - it was a little cumbersome to download each item separately. (Of course, I didn't know which of the items I needed, so downloaded them all)

Reply from Staff

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SueAnn V.

July 22nd, 2021

Thanks so much for the TOD Beneficiary Deed with the explanation, supplementary forms and great example!
I just filed it today for the state of Colorado, in my county and it was accepted by the Clerk/Recorder.
I really appreciate the thorough work that Deeds.com does.
I definitely will use this site again and also recommend it to family and friends.
Thanks again.

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August 6th, 2019

quick and easy. Perfect

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May 13th, 2021

Really impressed with the speed and professionalism of the service. I would recommend putting a grey background on the form field inputs as I had trouble seeing them in the user interface, but otherwise I was really impressed and would happily return as a customer.

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January 6th, 2019

Excellent transaction.

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May 15th, 2020

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