Wayne County Memorandum of an Installment Sales Contract Form
Wayne 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.
Wayne County Memorandum of an Installment Sales Contract Guide
Line by line guide explaining every blank on the Memorandum of an Installment Sales Contract form.
Wayne 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 Wayne County documents included at no extra charge:
Where to Record Your Documents
Wayne County Clerk/Recorder
Fairfield, Illinois 62837
Hours: 8:00 to 4:30 M-F
Phone: (618) 842-5182
Recording Tips for Wayne County:
- Ensure all signatures are in blue or black ink
- Bring extra funds - fees can vary by document type and page count
- Make copies of your documents before recording - keep originals safe
- Ask about accepted payment methods when you call ahead
Cities and Jurisdictions in Wayne County
Properties in any of these areas use Wayne County forms:
- Barnhill
- Cisne
- Fairfield
- Geff
- Golden Gate
- Johnsonville
- Keenes
- Mount Erie
- Rinard
- Sims
- Wayne City
Hours, fees, requirements, and more for Wayne County
How do I get my forms?
Forms are available for immediate download after payment. The Wayne 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 Wayne County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Wayne 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 Wayne 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 Wayne County?
Recording fees in Wayne County vary. Contact the recorder's office at (618) 842-5182 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 Wayne 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 Wayne County.
Our Promise
The documents you receive here will meet, or exceed, the Wayne 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 Wayne 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 )
DAVID G.
February 1st, 2021
Extremely helpful -- logically presented -- great documentation...
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
George A.
September 4th, 2019
Excellent Service.
Thank you for your feedback. We really appreciate it. Have a great day!
Tracy M.
July 9th, 2020
The form is easy to use. However, the quit claim deed form seems to be for parcel of land, because the word "real property" is not in the form.
Thank you for your feedback. We really appreciate it. Have a great day!
Eric B.
April 2nd, 2023
Document was well formatted with the extra help of an example and useful instructions. I ended up with a better warranty deed than I was getting on another website. Worth the small price.
Thank you for your feedback. We really appreciate it. Have a great day!
Inara X.
September 3rd, 2025
Great service
Thank you for your positive words! We’re thrilled to hear about your experience.
Shane T.
March 7th, 2020
The Transfer on Death Deed form package was very good. But like anything, could use some improvements. There is not enough space to fill more than one beneficiary with any level of additional detail like "as his sole and separate property" The area for the legal description could be a bit bigger and potentially fit many legal descriptions. Or it could be made to simply say "See Exhibit A" as is likely necessary for most anyway. The guide should indicate what "homestead property" means so the user doesn't have to research the legal definition. (which turns out to be obvious, at least in my state, if you live there, it's your homestead.) It would be helpful if an "Affidavit of Death" form were included in the package for instances where the current deed hasn't been updated to reflect a widowed owner as the sole owner before recording with only the one signature.
Thank you for your feedback. We really appreciate it. Have a great day!
Denise G.
May 7th, 2020
It would be helpful if an email was sent to notify you of any additional invoices needed, documents were accepted and/or recorded. It is not always convenient to check your website on a daily basis to determine the status of the requesting recordings.
Thank you for your feedback. We really appreciate it. Have a great day!
Tracey P.
December 24th, 2021
As always, amazing forms and information. A must have for anyone doing it themselves. Everything is available to make it happen but if you need a lot of hand holding you might want to look into a more full service option.
Thank you for your feedback. We really appreciate it. Have a great day!
Ted C.
May 7th, 2021
Everything was straight forward. I think I was able to accomplish my objective.
Thank you!
Caroline E.
June 28th, 2024
Very easy!
Thank you for your feedback. We really appreciate it. Have a great day!
Fred P.
April 1st, 2021
Great website to get your state and county forms.
Thank you!
April C.
June 24th, 2020
Great service fast and patience great team their staff kvh was very great part of team .I need it filed the same day . I will recommend them to others
Thank you for your feedback. We really appreciate it. Have a great day!
Chuck M.
May 30th, 2019
Easy to use service. However, the product that I purchased did not meet my needs. No fault of the company.
Thank you for your feedback Chuck. We certainly don't want you to purchase something you can not use. We have canceled your order and payment. Have a wonderful day.
Judith A.
January 14th, 2022
Excellent
Thank you!
Roland P.
December 28th, 2021
The website is easy to navigate. Unfortunately, you were not able to record the deed. However, I appreciate the fast response.
Thank you for your feedback. We really appreciate it. Have a great day!