Illinois Forms

Mchenry County Full Release of Memorandum of an Installment Sales Contract Form

Mchenry County Full Release of Memorandum of an Installment Sales Contract Form

Mchenry County Full Release of Memorandum of an Installment Sales Contract Form

Fill in the blank Full Release of Memorandum of an Installment Sales Contract form formatted to comply with all Illinois recording and content requirements.

Document Last Validated 7/10/2025
Mchenry County Full Release of Memorandum of an Installment Sales Contract Guide

Mchenry County Full Release of Memorandum of an Installment Sales Contract Guide

Line by line guide explaining every blank on the Full Release of Memorandum of an Installment Sales Contract form.

Document Last Validated 8/5/2025
Mchenry County Completed Example of the Full Release of Memorandum of an Installment Sales Contract Document

Mchenry County Completed Example of the Full Release of Memorandum of an Installment Sales Contract Document

Example of a properly completed Illinois Full Release of Memorandum of an Installment Sales Contract document for reference.

Document Last Validated 8/12/2025

All 3 documents above included • One-time purchase • No recurring fees

Immediate Download • Secure Checkout

Important: Your property must be located in Mchenry County to use these forms. Documents should be recorded at the office below.

Where to Record Your Documents

Walk-In: Administration Building
Address:
667 Ware Road, Rm 109
Woodstock, Illinois 60098

Hours: 8:30am to 4:30pm M-F

Phone: (815) 334-4110

Mail-To: McHenry County Recorder
Address:
Government Center, 2200 N. Seminary Ave
Woodstock, Illinois 60098

Hours:

Phone:

Recording Tips for Mchenry County:
  • Check that your notary's commission hasn't expired
  • White-out or correction fluid may cause rejection
  • Documents must be on 8.5 x 11 inch white paper
  • Avoid the last business day of the month when possible
  • Recording fees may differ from what's posted online - verify current rates

Cities and Jurisdictions in Mchenry County

Properties in any of these areas use Mchenry County forms:

  • Alden
  • Algonquin
  • Cary
  • Crystal Lake
  • Fox River Grove
  • Harvard
  • Hebron
  • Huntley
  • Lake In The Hills
  • Marengo
  • Mchenry
  • Richmond
  • Ringwood
  • Spring Grove
  • Union
  • Wonder Lake
  • Woodstock

View Complete Recorder Office Guide

Hours, fees, requirements, and more for Mchenry County

How do I get my forms?

Forms are available for immediate download after payment. The Mchenry County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.

Are these forms guaranteed to be recordable in Mchenry County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Mchenry County including margin requirements, content requirements, font and font size requirements.

Can I reuse these forms?

Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Mchenry County you only need to order once.

What do I need to use these forms?

The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.

Are there any recurring fees?

No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.

How much does it cost to record in Mchenry County?

Recording fees in Mchenry County vary. Contact the recorder's office at (815) 334-4110 for current fees.

Questions answered? Let's get started!

(A memorandum of the contract shall be titled "Memorandum of an Installment Sales Contract" )(765 ILCS 67/20)

Releasing a Memorandum of Installment Payment Contract in Illinois is important for several reasons, primarily related to clearing the title and confirming that the contractual obligations have been fulfilled. Here's why you might need to release a memorandum:

1. Clear the Property's Title
A Memorandum of Installment Payment Contract is typically filed to provide public notice that a contract exists between a buyer and a seller for the purchase of real estate under an installment payment agreement. This filing creates a cloud on the title, which means that anyone looking at the property records will see that there is an outstanding contract involving the property.
When the buyer finishes making all payments under the installment contract or the contract is otherwise terminated, a release must be filed to remove the cloud from the title. Without the release, it can create complications for future sales, refinances, or transfers of the property.

2. Confirm the Satisfaction or Termination of the Contract The release acts as a formal acknowledgment that the buyer has either:
Fulfilled their payment obligations and now owns the property outright, or
The contract has been canceled or terminated for other reasons (such as the buyer defaulting or both parties mutually agreeing to terminate).
Recording the release ensures that there is no misunderstanding or dispute regarding the status of the contract.

3. Enable the Buyer to Obtain Full Ownership
Under an installment payment contract, the seller retains the legal title to the property until the contract is fully paid off. Once the buyer completes their payments, they are entitled to full legal ownership.
Filing a release of the memorandum makes it clear in the public record that the installment contract has been completed, and the buyer can take full legal title to the property without any remaining encumbrances from the contract.

4. Facilitate Future Transactions
If the memorandum is not released, future buyers, lenders, or title companies will see the memorandum on the property’s title. This may make it difficult or impossible for the buyer to sell or refinance the property because it looks like there is still an outstanding installment contract.
A release ensures that the property is free from claims under the installment contract, making it easier for the buyer to proceed with any future real estate transactions.

5. Protect Both Parties
For the seller, recording the release ensures they have formally concluded their legal obligations under the contract.
For the buyer, it ensures that they have clear title to the property and there are no ongoing claims or obligations under the installment contract.

Legal and Procedural Considerations:
Once the contract is fulfilled or terminated, both the buyer and seller should sign a Release of Memorandum of Installment Contract and file it with the county recorder’s office where the original memorandum was recorded. This officially clears the property’s title.

In Illinois, failing to release a memorandum after the contract has been satisfied can cause legal and financial complications for both parties.

Important: Your property must be located in Mchenry County to use these forms. Documents should be recorded at the office below.

This Full Release of Memorandum of an Installment Sales Contract meets all recording requirements specific to Mchenry County.

Our Promise

The documents you receive here will meet, or exceed, the Mchenry 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 Mchenry County Full Release of 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 - ( 4580 Reviews )

Patricia E.

June 8th, 2020

Easy to understand and download!

Reply from Staff

Thank you!

Ron E.

September 25th, 2019

Flawless. I ordered the forms needed, along with completed samples. I filled them out, and I was on my way to the recorders office. I would use deeds.com without hesitation.

Reply from Staff

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

Peggy J.

July 26th, 2021

I have been researching for months to figure out how to remove deceased owner of property with right of survivorship in Florida. The County Clerk was not helpful. They refer you to get legal advice which is expensive. So hopefully by completing these forms I can actually complete the task. And would be helpful to be reassured that this is all I need to complete overdue task. I was hesitant to pay, but I believe this is legit. If so- a great Thank you.

Reply from Staff

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

Shelly D.

March 13th, 2020

Excellent

Reply from Staff

Thank you!

Michelle R.

December 23rd, 2022

Fairly easy to use. Need to be able to find platts easy.

Reply from Staff

Thank you!

Roy T.

April 3rd, 2020

Thank you for an easy to use system. I was able to find all the information I needed.

Reply from Staff

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

Alice L.

October 21st, 2021

County accepted Quit Claim Deed without any issues! Saved money using Deeds.com - thank you!!!!

Reply from Staff

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

Dhanminder D.

July 30th, 2020

The service was great. Thank you.

Reply from Staff

Thank you!

Darlene P.

November 12th, 2021

Deeds.com was a money saver for me. It made a daunting task of preparing a Quit Claim Deed a very simple task. I was happy that my documentation was accepted by my state and County first round. Thank you Deeds.com

Reply from Staff

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

Carolyn R.

May 21st, 2020

Definitely 5 stars. Everything was taken care of well within 24 hours. If our law firm needs to record a single document in a different county again, we will use your service. Thanks!

Reply from Staff

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

Charlotte A.

March 20th, 2024

This information gave me enough to complete a quit claim deed yesterday

Reply from Staff

Thank you for your positive words! We’re thrilled to hear about your experience.

GARY K.

April 28th, 2021

I AM THRILLED THAT I FOUND YOU. I HAVE BOOKMARKED YOU FOR THE FUTURE. I USED YOU FOR A LIS PENDENS AND IT WAS EASY TO FOLLOW AND FILL IN.I WILL HIGHLY RECOMMEND YOU TO MY ASSOCIATES. THANK YOU

Reply from Staff

Thank you!

Cathy F.

March 2nd, 2022

Glad I found you. After much searching, you had the right form that I needed. Quick and easy. Cathy

Reply from Staff

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

Erika H.

December 14th, 2018

The service was fast and efficient. So glad I stumbled upon this website!

Reply from Staff

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

Mary D. B.

May 11th, 2023

BIG THANK YOU EXCELLENT WEBSITE

Reply from Staff

Thank you!