Saline County Full Release of Memorandum of an Installment Sales Contract Form (Illinois)

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

Full Release of Memorandum of an Installment Sales Contract Form

Saline 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.
Included Saline County compliant document last validated/updated 7/10/2025

Full Release of Memorandum of an Installment Sales Contract Guide

Saline 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.
Included Saline County compliant document last validated/updated 6/25/2025

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

Saline 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.
Included Saline County compliant document last validated/updated 5/12/2025

When using these Full Release of Memorandum of an Installment Sales Contract forms, the subject real estate must be physically located in Saline County. The executed documents should then be recorded in the following office:

Saline County Clerk/Recorder - County Courthouse

10 East Poplar St, Harrisburg, Illinois 62946

Hours: 8:00 to 4:00 M-F

Phone: (618) 253-8197

Local jurisdictions located in Saline County include:

  • Carrier Mills
  • Eldorado
  • Galatia
  • Harrisburg
  • Muddy
  • Raleigh
  • Stonefort

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

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

Can the Full Release of 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 Saline County that you need to transfer you would only need to order our forms once for all of your properties in Saline County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Illinois or Saline 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 Saline County Full Release of 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.

(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.

Our Promise

The documents you receive here will meet, or exceed, the Saline 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 Saline 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 - ( 4563 Reviews )

JAMES D.

July 10th, 2025

Slick as can be and so convenient.rnrnWorked like a charm

Reply from Staff

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

MARY LACEY M.

June 30th, 2025

Great service! Recording was smooth and swiftly performed. Deeds.com is an excellent service.rn

Reply from Staff

We are delighted to have been of service. Thank you for the positive review!

Robert F.

June 30th, 2025

Breeze.... It feels silly to hire an attorney to do this for just one beneficiary. Thanks.

Reply from Staff

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

Megan L.

July 25th, 2022

Explanation of all forms is simple and easy to understand. The forms are made in accordance to my state. This website is easy to use and navigate.

Reply from Staff

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

Diana D.

June 23rd, 2020

I was very pleased as to how fast and easy the service was. I recommend this service to any one. It's not expensive and it was worth it. Thank you.

Reply from Staff

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

Marc T.

August 19th, 2021

Excellent service

Reply from Staff

Thank you!

Lisa M.

October 28th, 2021

This is super convenient however, I wish I knew which forms I needed for my Affidavit Death of Joint Tenant situation. That would help.
Thank you

Reply from Staff

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

Eva S.

February 6th, 2024

I was able to download the forms and I needed and fill out quickly. There were examples to review if I needed any assistance. I would recommend this site to anyone.

Reply from Staff

We are delighted to have been of service. Thank you for the positive review!

Kirk G.

October 23rd, 2021

Excellent! I will be back!

Reply from Staff

Thank you!

Erik G.

January 12th, 2022

Great...

Reply from Staff

Thank you!

Nancy J.

June 17th, 2020

This is a great service recommended by CSC. I only had one document to e-file. I would recommend to anyone.

Reply from Staff

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

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!

Reply from Staff

Your satisfaction with our services is of utmost importance to us. Thank you for letting us know how we did!

Doug C.

November 20th, 2020

Great Job guys! I would not even have thought to look for this service. The county recorder's office and kiosks are all closed because of covid. I was directed to you because of a referral on the county site. I wish I had known you had forms available as well. I searched for a day to find the appropriate form.

Reply from Staff

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

Lynnellen S.

May 9th, 2019

My rating is not a 5. Although it had good instructions, it would NOT print the whole document no matter how many times I inputted the names. I ended up writing it in to complete.
I also recommend putting it on one page. I had to pay an additional fees per page and if I had to notarize it, why did I have to find 2 witnesses as well.
I deserve a discount for the time I spent repeatedly putting the same data. I was trying to save money since Im on social security only. It didnt. Get it to work correctly

Reply from Staff

Thank you for your feedback Lynnellen. Sorry to hear of your struggle with our document. We've gone ahead and refunded your payment. Hope you have a wonderful day.

Richard L.

April 22nd, 2020

very useful

Reply from Staff

Thank you!