All deeds require either a signed and dated exemption statement or a completed PTAX-203 form. The Illinois quitclaim deed is used to convey real estate in Illinois from one party to another.Complete the Form: Fill in the property details, names, and addresses of the parties involved. Quitclaim deeds are easier to use than you may realize. Complete and print out the deed form. Get your signature notarized. An Illinois quit claim deed is a quick way to transfer property from a grantor to a grantee without assurances regarding title quality.