Peoria County Memorandum of an Installment Sales Contract Form (Illinois)
All Peoria County specific forms and documents listed below are included in your immediate download package:
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 Peoria County compliant document last validated/updated 9/18/2024
Memorandum of an Installment Sales Contract Guide
Line by line guide explaining every blank on the Memorandum of an Installment Sales Contract form.
Included Peoria County compliant document last validated/updated 11/28/2024
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 Peoria County compliant document last validated/updated 8/19/2024
The following Illinois and Peoria County supplemental forms are included as a courtesy with your order:
When using these Memorandum of an Installment Sales Contract forms, the subject real estate must be physically located in Peoria County. The executed documents should then be recorded in the following office:
Recorder of Deeds
County Courthouse - 324 Main St, Room 101, Peoria, Illinois 61602
Hours: Office Hours: Monday–Friday 8:30am–5:00pm / Recording Hours: Monday–Friday 8:30am–4:30pm
Phone: (309) 672-6090
Local jurisdictions located in Peoria County include:
- Brimfield
- Chillicothe
- Dunlap
- Edelstein
- Edwards
- Elmwood
- Glasford
- Hanna City
- Kingston Mines
- Laura
- Mapleton
- Mossville
- Peoria
- Peoria Heights
- Princeville
- Rome
- Trivoli
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 Peoria 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 Peoria County using our eRecording service.
Are these forms guaranteed to be recordable in Peoria County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Peoria 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 Peoria County that you need to transfer you would only need to order our forms once for all of your properties in Peoria County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Illinois or Peoria 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 Peoria 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 Peoria 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 Peoria 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 - ( 4445 Reviews )
Dennis F.
December 20th, 2024
The release of mortgage form was OK, and accepted at the recorder's office, but there were some problems. Many of the fields to type in were too small to accept the data, and I could not find a way to change the field size or use a smaller font. Otherwise I was satisfied.
Your feedback is a crucial part of our dedication to ongoing improvement. Thank you for your insightful comments.
Frazer W.
December 19th, 2024
Deeds.com does a great job getting our legal documents filed with the D.C. Recorder of Deeds.rnrnFrazer Walton, Jr.rnLaw Office of Frazer Walton, Jr.
Your appreciative words mean the world to us. Thank you.
Ann D.
December 16th, 2024
I found what my lawyer recommended and was able to download it easily.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Patricia C.
February 6th, 2020
They had exactly what I was looking for. Easy to follow instructions and very helpful.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Lawrence N.
August 31st, 2020
Very easy and convenient to use. Low cost and saves a trip to the courthouse and/or having to do mailing(s)
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Jeannine W.
September 16th, 2020
prompt, efficient service.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Dawna M.
June 15th, 2021
Easy to use website and immediate documents appropriate for my area. My only complaint is that the forms had an alignment problem where the fields that were filled in by me did not line up with the template text. I tried to correct it to no avail so I ended up having to retype the entire document. I purchased two templates and both had the same issue.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Sherri S.
July 3rd, 2019
Appreciate your diligent assistance.
Thank you!
Gretchen D.
January 7th, 2019
Quick and easy process to get the documents, and helpful to see the example filled out.
Thank you for your feedback Gretchen, we really appreciate it. Have a great day!
Terri B.
April 5th, 2021
It's worth the money. I would like to have seen a variety of examples showing different scenarios for completing a quitclaim deed.
Thank you!
Carol S.
May 7th, 2022
Needed a Quit Claim Deed and am so happy I went to Deeds.com. Completed my forms - they looked professional and had no problem submitting them to Assessor's office. PERFECT!
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Beth O.
January 15th, 2023
Easy peasy! Thank y'all so much.
Thank you!
Gene L.
August 5th, 2020
Worked perfect. Thanks.
Thank you!
Kimberly H.
December 17th, 2021
Exceptional Service all Year~
I wish Deeds.com A Happy Holidays & A Happy New Year.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Gary B.
March 30th, 2021
After spending $21 to obtain a Quit Claim Deed form, I realized that I was in over my head. There are a lot of legal considerations and I am not familiar enough with the legal terms and choices to feel confident doing it myself. I since hired a paralegal service to prepare my Quit Claim. I wish I knew the knowledge required before I purchased.
Glad to hear you sought the assistance of a legal professional familiar with your specific situation Gary. We always recommend this to anyone not completely sure of what they are doing.