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

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

Memorandum of an Installment Sales Contract Form

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

Memorandum of an Installment Sales Contract Guide

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

Completed Example of the Memorandum of an Installment Sales Contract Document

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

Morgan County Clerk

Courthouse - 300 West State St, Jacksonville, Illinois 62650

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

Phone: (217) 243-8581

Local jurisdictions located in Morgan County include:

  • Alexander
  • Chapin
  • Concord
  • Franklin
  • Jacksonville
  • Literberry
  • Meredosia
  • Murrayville
  • Waverly
  • Woodson

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

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

What are supplemental forms?

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

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Thomas G.

November 21st, 2024

Wasn’t what I expected

Reply from Staff

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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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Roger M.

January 22nd, 2021

EASY. WORKED WITH PROBLEMS.

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Julia M.

June 26th, 2024

I live in AZ and have an existing beneficiary deed on my property. I needed to know the process of revoking a beneficiary deed. Your site was very helpful by providing the correct form and instructions for recording it. Thank you!

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JAMES E.

November 22nd, 2020

Easy to use and excellent software.

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Gary B.

September 28th, 2021

The whole experience was amazing. Your site was easy to work with and the staff was supper responsive.
We were in and out in a flash!

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Paula M.

October 15th, 2021

So far it seems good. I am still trying to send information to this company so they can help me with the deed.

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Monica M.

September 15th, 2020

I was very impressed with the quick responses I received from my questions. Usually when forced to communicate via email, responses aren't received right away. Thank you for being on top of things.

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Byron M.

September 18th, 2023

Prompt service... provide thorough explanation of what is needed to complete the recording.

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Ardys A.

January 13th, 2019

Very pleased with all the info I received and not just a blank form.

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James P.

July 28th, 2020

I wish I used this site more often. The format is pretty easy but the messages were invaluable and the staff were great. I was able to complete my transaction in a Covid environment from the security of my own home. Great service and tools!

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Michelle H.

August 8th, 2020

Fast, easy and helpful. Highly recommend, my document was recorded within 24 hours.

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Sarah C.

August 18th, 2022

Great, but I'd like to see the actual filings/documents in my account, PDF, not only the blank forms. Thank you.

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Jo Carol K.

October 17th, 2020

The information/forms/and ease of filling in the blanks provided me with the confidence to "do it myself". Excellent customer service. Thank you for being there.

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