Grundy County Memorandum of an Installment Sales Contract Form
Grundy 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.
Grundy County Memorandum of an Installment Sales Contract Guide
Line by line guide explaining every blank on the Memorandum of an Installment Sales Contract form.
Grundy 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.
All 3 documents above included • One-time purchase • No recurring fees
Immediate Download • Secure Checkout
Additional Illinois and Grundy County documents included at no extra charge:
Where to Record Your Documents
Grundy County Clerk / Recorder
Morris, Illinois 60450
Hours: 8:00am to 4:30pm M-F
Phone: (815) 941-3224
Recording Tips for Grundy County:
- Bring your driver's license or state-issued photo ID
- Double-check legal descriptions match your existing deed
- White-out or correction fluid may cause rejection
- Consider using eRecording to avoid trips to the office
Cities and Jurisdictions in Grundy County
Properties in any of these areas use Grundy County forms:
- Braceville
- Coal City
- Gardner
- Kinsman
- Mazon
- Minooka
- Morris
- South Wilmington
- Verona
Hours, fees, requirements, and more for Grundy County
How do I get my forms?
Forms are available for immediate download after payment. The Grundy 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 Grundy County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Grundy 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 Grundy 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 Grundy County?
Recording fees in Grundy County vary. Contact the recorder's office at (815) 941-3224 for current fees.
Questions answered? Let's get started!
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.
Important: Your property must be located in Grundy County to use these forms. Documents should be recorded at the office below.
This Memorandum of an Installment Sales Contract meets all recording requirements specific to Grundy County.
Our Promise
The documents you receive here will meet, or exceed, the Grundy 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 Grundy 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 - ( 4585 Reviews )
Teresa M.
July 22nd, 2020
Very easy and quick. Report gave me the info I needed to know. Will use again if I need to.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Roy Y.
February 7th, 2019
I paid for and received the form for a Quit Claim Deed. Hoping it is the form I need to complete my transaction. Thank you for making it possible to obtain the form I was in need of.
Thank you for your feedback Roy. We appreciate it!
Charles W.
December 26th, 2022
in one of the reviews, the person said they wished that there was more room allowed for use in the grantor section. the reply was that they were sorry but there was only enough room for what was there considering margins, etc. that is not true. on the forms i downloaded there was plenty of extra room at the top of the page (about 2 inches) that was not being used.
Thank you!
Felicia T.
May 30th, 2023
Great service with all the added resources on the form I requested. Question: How long do the forms stay available on my account?
Thanks for the feedback Felicia. Our goal is to keep the documents available in your account indefinitely. It's a good idea to download the documents and store them yourself just in case.
Kathy L.
January 30th, 2022
Review: There are 10 PDFs in this warranty deed package. I don't even know what to do with them all. I don't think the directions are clear enough on how to put it all together. I probably won't use it, and feel I have wasted my money.
Sorry to hear that the volume of documents required to complete your task was more than you anticipated. It is rare that we get complaints about providing everything needed. We certainly don't want you to be overwhelmed or feel like you have wasted your money. Your order and payment has been canceled and we do hope that you find something more suitable to your needs elsewhere. Have a wonderful day.
Nick A.
January 13th, 2022
Easy to use website. Found what I was looking for.
Thank you for your feedback. We really appreciate it. Have a great day!
STEVEN J.
October 18th, 2019
Great , easy to use.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Abdel M.
August 8th, 2023
Easy to use and they are very responsive.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Heather F.
January 13th, 2019
Quality forms and information. Everything went smoothly.
Great to hear Heather. Have a fantastic day!
Christine W.
December 30th, 2020
excellent
Thank you!
brian d.
May 26th, 2020
I am a Loan Officer and this website saves me a bunch of time. Love it!
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Marc T.
August 19th, 2021
Excellent service
Thank you!
Dawn Y.
July 9th, 2020
Obtaining a copy of a deed is FAR too expensive.
Thank you for your feedback Dawn. Have a wonderful day.
Cynthia H.
September 5th, 2021
Thank you for having these forms so reasonable and easy to access. I only WISH I would have looked here 1st, spent way to much valuable time trying to get help with this deed. This was so EASY and quick... THANK YOU THANK YOU Highly Recommend
Thank you!
yvonne e.
July 19th, 2020
Poor communication. Confusing charges. (Waiting for explanation) overall, not thrilled and at this point would not recommend.
Sorry to hear of your confusion. We've gone ahead and canceled your order. We do hope that you find something more suitable to your needs elsewhere. Have a wonderful day.