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 11/28/2024

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 12/24/2024

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 - ( 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!

Candace K.

April 1st, 2021

I was able to find the Certificate of Trust after a little searching. Once found, the remainder of the process was easy. My task was done in no time. It's a great site.

Reply from Staff

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

Melissa S.

April 13th, 2020

Not what I can use.

Reply from Staff

Thank you!

David C.

January 22nd, 2019

My biggest complaint is I did not know when my document was ready until I got this survey. An email should be sent to say document is ready.

Reply from Staff

Sorry about that David. We will look into better email notifications. Hope you have a great day.

Randall S.

September 19th, 2021

I have had great success with this so far. The site had the correct forms and I was able complete the documents. It seems like a great resource!

Reply from Staff

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

Marion Paul W.

January 31st, 2019

Quick service .Easy download.I ordered Quit
Claim and should have ordered warranty deed. I will make it work

Reply from Staff

Thank you!

Altaray S.

January 14th, 2019

Really fast turn around time, and was provided exactly what I was looking for this time. This is my first experience with this site. It would have been cool to also get a document depicting/describing a property line, but like I said before, exactly what I was looking for this time.

Reply from Staff

Thank you so much for your feedback Altaray, we really appreciate it.

edward d.

March 19th, 2023

used before awesome forms

Reply from Staff

Thank you!

Betty G.

February 4th, 2020

I was very impressed with your site! My experience was excellent. Made my quest an easy one. Thank you!

Reply from Staff

Thank you so much Betty. We appreciate you!

Elizabeth H.

December 17th, 2020

You had just what I was looking for. It was explained well and easy to find. Will recommend you.

Reply from Staff

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

Peggy G.

May 19th, 2019

This is an easy document to complete and file. Thank you for having the completed sample for review.

Reply from Staff

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

Donald S.

March 16th, 2021

Guidelines somewhat helpful. Forms fillable but not editable unless you buy an Adobe conversion service subscription. End product looks crude and amateurish. Fields can't be reduced or enlarged to accommodate unique data. Very disappointing.

Reply from Staff

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

Catherine B.

October 26th, 2021

Was looking for information and forms relating to a trust my parents created, but what I purchased seems geared toward trusts containing real estate only, which is not what I needed. Clearly I missed something prior to purchasing something I can not use. Perhaps additional clarification for us without any experience is this area would be helpful.

Reply from Staff

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