Get Real Property Transfer Tax Declaration - City Of Chicago

This guide aims to provide clear and supportive instructions for filling out the Real Property Transfer Tax Declaration - City Of Chicago online. By following the steps outlined below, users will navigate the form with ease and confidence, ensuring they complete the necessary requirements accurately.

Follow the steps to fill out the form accurately.

1. Click ‘Get Form’ button to download the Real Property Transfer Tax Declaration form and open it in your preferred online editor.
2. In section 1.1, enter the complete property address as recorded at the Cook County Assessor’s Office. If there are multiple properties, submit separate forms for each.
3. In section 1.2, provide the Property Identification Number (PIN), which can be found on related documents or the Cook County Assessor’s website. Ensure the format is XX-XX-XXX-XXX-XXXX.
4. In section 1.3, indicate any exemptions by checking the correct box. If amending a previously filed declaration, select the 'Amended Declaration' box.
5. In section 1.4, select the appropriate property type and disclose the number of units if required.
6. In section 2.1, specify the interest being transferred, such as 'Fee Title' or 'Beneficial Interest in Land Trust,' based on the transfer situation.
7. In sections 3.1 and 3.2, select any applicable exemptions. Attach additional details if necessary for any exemption claims.
8. In section 4.1, fill in the date of transfer and provide necessary details about the consideration along with any relevant attachments.
9. In section 5.1, compute the Transfer Tax Stamps by calculating the net transfer price, dividing by $500, and rounding up.
10. In section 6.1, indicate whether a Title Company is being used, completing the section accordingly.
11. Complete the Seller/Transferor and Buyer/Transferee sections (7.1 and 7.3) with all necessary information, ensuring accuracy.
12. In section 8.1, confirm whether any certifications are required and ensure all certifications are secured.
13. If using an agent, complete section 9.1 to provide the agent's details.
14. After filling out the form, save your changes. You can choose to download, print, or share the completed form based on your needs.

Take action now and complete your Real Property Transfer Tax Declaration online to ensure timely and accurate filing.