Illinois Mortgage Deed
Description
How to fill out Mortgage Deed?
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FAQ
Other County Offices Available Cook County Clerk's Office - (312) 603-5656. Cook County Recorder of Deed's Office - (312) 603-5050. Cook County Board of Review - (312) 603-5542.
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Mortgage Record Record contains copies of mortgages, which show the names of the mortgagor, mortgagee, and witness; a legal description of the mortgaged property; the amount and the interest rate; the dates filed and recorded; and occasionally when paid.
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.
In Illinois, the property records are located at the county recorder. You can go there in person to conduct a search or you can check the county recorder's website to see if they offer online searching.
Illinois allows the use of both a deed of trust and a mortgage. Illinois is a lien-theory state. Mortgages are considered to be liens against the property and the vast majority of the liens in Illinois are mortgages.
Illinois deeds must meet the following content requirements: Current owner (grantor) and new owner (grantee) name and address. An Illinois deed that transfers title to real estate must include on the face of the document the names and addresses of the current owner and the new owner. Granting clause.
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.
