Piatt County Memorandum of an Installment Sales Contract Form (Illinois)
All Piatt 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 Piatt 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 Piatt 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 Piatt County compliant document last validated/updated 12/24/2024
The following Illinois and Piatt 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 Piatt County. The executed documents should then be recorded in the following office:
County Clerk & Recorder
Courthouse - 101 W Washington St, Room 110 / PO Box 558, Monticello, Illinois 61856
Hours: 8:30 to 4:00 Monday through Friday
Phone: (217) 762-9487
Local jurisdictions located in Piatt County include:
- Bement
- Cerro Gordo
- Cisco
- De Land
- Hammond
- La Place
- Mansfield
- Milmine
- Monticello
- White Heath
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 Piatt 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 Piatt County using our eRecording service.
Are these forms guaranteed to be recordable in Piatt County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Piatt 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 Piatt County that you need to transfer you would only need to order our forms once for all of your properties in Piatt County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Illinois or Piatt 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 Piatt 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 Piatt 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 Piatt 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.
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.
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.
Your feedback is valuable to us and helps us improve. Thank you for sharing your thoughts!
Lloyd S.
March 30th, 2021
What a great website.
It does Pasco County PROUD !!
Thank you!
Karl H.
January 5th, 2021
Still in process, but it is well explained. I would recommend it to anyone in Texas.
Thank you for your feedback. We really appreciate it. Have a great day!
Joyce D.
October 29th, 2021
Great service. Fast and efficient.
Thank you!
Valarie H.
July 6th, 2022
Thank you for offering this service. We were getting several different answers on how to solve our problem, and all of them involved getting an attorney. You saved us a ton of money and using your document made everything super easy...no attorney needed! Thank you!
Thank you for your feedback. We really appreciate it. Have a great day!
Harry C.
September 14th, 2021
Sign up was rocky. Tried to access documents and msg. said did not recognize my email (even though it had sent me an email). Contacted support and it was resolved. House transfer affidavit straight forward and easy to fill out.
Thank you for your feedback. We really appreciate it. Have a great day!
kelly W.
June 10th, 2019
Your customer service person was very professional and polite and helpful.
Thank you!
Zachary F.
February 1st, 2022
I am a lawyer and purchased a specialized type of deed for a special scenario. The product received was functional, but not great. Wording is slightly clunky and the form layout was not convenient for making a professional final product. The wording also didn't contemplate a remote-state probate, which is a common scenario. Something about the PDF prevented me from doing cut and paste, so I had to do OCR to get the relevant text for inserting in my existing draft deed. Finally, while the site claims it is customized for the exact state and county, it does not appear to be well-customized for that purpose and I had to use other language (not sourced from the deeds.com document) to meet local norms.
Thank you for your feedback. We really appreciate it. Have a great day!
Jin L.
December 27th, 2019
Your service is pretty awesome! I needed to get my docs recorded before year end, and you guys were on it. Thank you very much for the quick turnaround!
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
wendell s.
September 25th, 2020
The forms were everything promised. The guide was very helpful and made the process painless.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Sandra B.
May 17th, 2019
Easy and fast. Was able to find the documents needed and saved so much money!!
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Richelle B.
August 10th, 2020
Thanks!
Thank you!
Kirk G.
October 23rd, 2021
Excellent! I will be back!
Thank you!