Get Real Property Transfer Tax Declaration Form 7551

The Real Property Transfer Tax Declaration Form 7551 is essential for documenting property transfers within the City of Chicago. This guide provides clear, step-by-step instructions designed to help you fill out the form online with ease and confidence.

Follow the steps to complete the form effectively.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Review the instructions provided on the form. Familiarize yourself with all sections to ensure you understand what information is required.
3. Begin filling out the first section, which typically requires information about the property being transferred, such as the address and parcel number. Ensure all details are accurate.
4. Proceed to the next section, where you will need to provide information regarding the parties involved in the transaction. This includes the names and addresses of the buyer and seller.
5. Fill out the section that asks for details about the transaction. Indicate the reason for the transfer and indicate if the transaction is exempt from transfer tax.
6. Once you have completed all sections, review your entries for any errors or omissions. Accurate information is crucial for acceptance.
7. After verification, save your changes. You may choose to download, print, or share the completed form as needed.

Complete your document online today to ensure a smooth property transfer process.