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All deeds in Illinois are legal documents and must be prepared by a licensed attorney. They may be self-prepared by a party to the deed under the Pro Se doctrine. ?Pro Se? is to act as one's own attorney without legal counsel.
A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.
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. Make sure to fill in your name and address, and the name and address of the other party involved in the transfer.
A warranty deed makes a promise to the buyer that the seller has good title to the property. A quitclaim deed, on the other hand, makes no promises. A quitclaim deed just says; whatever interest I have in this property, I give to you.
In Illinois, a warranty deed transfers title to the grantee with broad warranties and covenants of title and is the form of deed customarily used in residential real estate transactions.
An Alaska general warranty deed is used to sell a piece of real estate to another with a broad warranty of title. This means that the seller is guaranteeing that he or she holds legal title to the property and there are no other encumbrances and no other people who can claim an interest in the property.
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.