Quitclaim Deed Illinois Without Notice

State:
Illinois
Control #:
IL-07-77
Format:
Word; 
Rich Text
Instant download

Description

The Quitclaim Deed Illinois Without Notice is a legal document used to transfer real estate from an individual to a limited liability company without providing prior notice to other interested parties. This form is specifically designed for situations where the granter wishes to convey property rights while minimizing legal complications. Key features include the acknowledgment of the transfer for a nominal consideration, typically ten dollars, and the inclusion of a legal description of the property. Users must accurately fill in details such as the names, addresses, and dates, ensuring the form is notarized to affirm its validity. This form is particularly useful for attorneys, partners, or legal associates managing property transfers within Illinois, especially when swift transfers are necessary without drawing attention. Paralegals and legal assistants may also utilize it for preparation, ensuring compliance with local regulations and gathering essential signatures. The Quitclaim Deed simplifies the transfer process, aligning with the needs of individuals seeking straightforward property disposition.
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  • Preview Quitclaim Deed from Individual to LLC

How to fill out Illinois Quitclaim Deed From Individual To LLC?

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FAQ

LEGAL FEES - ILLINOIS QUIT CLAIM DEEDS The fee is $150 (or $160 if paid by credit card). It will be your responsibility to get the transfer stamps (if necessary) and get the deed recorded with the County Recorder. There is nothing legal about obtaining the municipal stamp and recording the deed.

A quitclaim deed doesn't have to be drawn up by a lawyer[3]. You simply download a free form directly from your county clerk's website and submit it on your own. It can offer a property tax benefit.

Even though an unacknowledged deed is a valid conveyance, there are several reasons to properly acknowledge deeds. First, the unacknowledged deed cannot be read into evidence without further proof of execution. 765 ILCS 5/31, 5/35. That is, an unacknowledged deed is not self-proving.

LEGAL FEES - ILLINOIS QUIT CLAIM DEEDS The fee is $150 (or $160 if paid by credit card). It will be your responsibility to get the transfer stamps (if necessary) and get the deed recorded with the County Recorder. There is nothing legal about obtaining the municipal stamp and recording the deed.

If you're preparing the quitclaim deed yourself, make sure to enter the property description just as it appears on an older deed of the property. If you can't find an old deed, check with the County Recorder of Deeds in the county where the property is located. They can tell you where to get a copy of an earlier deed.

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Quitclaim Deed Illinois Without Notice