Richland County Memorandum of an Installment Sales Contract Form (Illinois)
All Richland 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 Richland County compliant document last validated/updated 4/14/2025
Memorandum of an Installment Sales Contract Guide
Line by line guide explaining every blank on the Memorandum of an Installment Sales Contract form.
Included Richland County compliant document last validated/updated 5/13/2025
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 Richland County compliant document last validated/updated 5/16/2025
The following Illinois and Richland 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 Richland County. The executed documents should then be recorded in the following office:
Richland County Clerk/Recorder
Courthouse - 103 West Main St, Olney, Illinois 62450
Hours: 8:00 to 4:00 Monday through Friday
Phone: (618) 392-3111
Local jurisdictions located in Richland County include:
- Calhoun
- Claremont
- Dundas
- Noble
- Olney
- Parkersburg
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 Richland 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 Richland County using our eRecording service.
Are these forms guaranteed to be recordable in Richland County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Richland 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 Richland County that you need to transfer you would only need to order our forms once for all of your properties in Richland County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Illinois or Richland 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 Richland 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 Richland 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 Richland 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 - ( 4557 Reviews )
Nigel S.
June 24th, 2025
Very simple to use. The 'completed examples' are very helpful.
Thank you for your feedback. We really appreciate it. Have a great day!
Robert H.
June 23rd, 2025
Great service, easy way to get accurate documents
Thanks, Robert! We're glad you found the service easy to use and the documents accurate—just what we aim for. Appreciate you taking the time to share your experience!
Andre H.
June 19th, 2025
World class forms, great for someone like me that has no clue what I'm doing! Always better to let the pros do it than think one knows it all and gets themselves in trouble!
Thank you for your feedback. We really appreciate it. Have a great day!
CHERYL G.
April 11th, 2022
After my county rejected a deed from another company, I researched better and purchased my Lady Bird Deed from Deeds.com. Very simple, received everything immediately. Printed out sample and guide sheets and filled out my deed. Very thorough and easy to understand. All the additional forms were awesome. And the best part is, my county recorded my deed this morning! WooHoo! Very happy customer! Thank you!
Glad to hear! Thanks for taking the time to leave your review. We appreciate you. Have a great day.
Sandra C.
December 8th, 2022
Not sure whether the two forms I printed will be helpful or not. Will find out when I go to a place for completion and to be notorized.
Thank you!
Kevin R.
August 22nd, 2023
I have been using Deeds.com for the last 2 years and find them very easy to use and expedient on all my recordings. Highly recommend.
Thank you for the kind words Kevin. We appreciate you.
Jeffrey B.
August 1st, 2021
Love Deeds.com! I was a little confused as to how to go about Quitclaiming, but you made it very easy! Thank you SO much!
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
David L.
November 19th, 2021
Good quick service. The forms helped guide and explain each section and question.
Thank you for your feedback. We really appreciate it. Have a great day!
Brian R.
May 12th, 2020
Your website is very informative, and easy to use.The purchase and download process was clear and went well. I would add that your Virginia Quitclaim Deed Guide is very comprehensive and informative. This combined with the example form you provide is most helpful.
Thank You. Brian R
Thank you for your feedback. We really appreciate it. Have a great day!
James J.
December 27th, 2019
Downloaded and used the Ladybird Warranty Deed for a county in Florida with no issues. Cost for the download and subsequent recording fee of the deed totaled less than $40. No reason to pay hundreds. I assume the subsequent transfer upon death will go smoothly, but I of course, will never know. The "example" of a completed form was very beneficial. Also, get a copy of the current deed and make sure legal description of real estate is exactly the same on the new deed.
Thank you for your feedback. We really appreciate it. Have a great day!
Edward L.
March 6th, 2019
Excellent web site with just the right documents. Filled a very important need in less tha 2 minutes time.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Maricarol F.
March 6th, 2019
Found the site very easy to use. My fault I did not answer back right away. What was found is almost what I needed... Thanks.
Thank you for the feedback Maricarol, we really appreciate it.
ELIZABETH G.
August 7th, 2020
This site was very easy to use. Great direction on how to complete the form.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
William /.
January 10th, 2021
Great service would use again
Thank you!
Michael T.
January 29th, 2021
Very easy to find what I was looking for and the cost was reasonable. The documents saved me a lot of time and were easy to use.
Thank you for your feedback. We really appreciate it. Have a great day!