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

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

Memorandum of an Installment Sales Contract Form

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

Memorandum of an Installment Sales Contract Guide

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

Completed Example of the Memorandum of an Installment Sales Contract Document

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

Winnebago County Recorder - County Administration Building

404 Elm St, Room 405, Rockford, Illinois 61101

Hours: 8:00 to 5:00 M-F

Phone: (815) 319-4325

Local jurisdictions located in Winnebago County include:

  • Cherry Valley
  • Durand
  • Loves Park
  • Machesney Park
  • Pecatonica
  • Rockford
  • Rockton
  • Roscoe
  • Seward
  • Shirland
  • South Beloit
  • Winnebago

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

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

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Illinois or Winnebago 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 Winnebago 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 Winnebago 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 Winnebago 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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Gertrude M.

January 31st, 2023

Rating 5 stars

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James G.

March 30th, 2022

Very Happy. Forms saved me from making some very silly mistakes had I done them on my own.

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Theresa B.

September 10th, 2019

Will review after I attempt to complete. I like your site. Im very nervous to try this Hope not outdated information. Will let you know if filing goes okay.

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November 4th, 2020

Swift and Concise Process!!!
I would recommend, as well as, use again!

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March 24th, 2022

The price is right, and very simple to follow

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January 5th, 2021

Was very pleased with execution of the forms. Easy to understand and was hassle free.

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Paul R.

October 22nd, 2021

Worked very quickly and smoothly.
Helps if you know what documents you need. Thanks.

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Marilyn O.

March 9th, 2021

Good resource. Got what I needed easily

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Sara R.

June 19th, 2019

Worked well for me to create a deed for a house I inherited. It was very thorough and easy to use. I have no experience with the law so I just googled terms I didn't understand and was fine. I also called land records a lot and ended up not needing a lot of the material included, but it was still good to have it.

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Matthew M.

February 15th, 2023

Needed copy of deed in trust. Found info here, paid on line and then printed the docs. Easy to use, no driving to city offices, No parking fees, no waiting in line. Done fast and easy. Love it.

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August 27th, 2021

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Elaine E. W.

February 13th, 2021

Your product package was thorough and I am the one who does not know how to use or begin to be interactive with a computer.

I wish I had learned long ago....ok your directions appear to be clear but when you are not familiar to the words.....it can and is difficult.....I downloaded the forms and completed them by hand/pen.....I just hope it will be acceptable to the recorder....Thank you

Reply from Staff

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