Illinois Quitclaim Deed (Short Form)
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How to fill out Quitclaim Deed (Short Form)?
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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.
In order to file a deed in Cook County, the necessary documents are as follows: (1) Tax Declaration (MyDec); (2) Tax Stamps (or ?Zero Stamps? if an exempt transfer); (3) A Grantor/Grantee Affidavit (exempt transfers); (4) The Deed to be Filed (which must contain PIN number, complete legal description, commonly known ...
Although a deed does not have to be recorded to be a valid conveyance, there are practical reasons for recording a deed. Deeds do not take effect as to creditors and subsequent purchasers without notice until the instrument is recorded.
5 Steps to Prepare and Record an Illinois Quitclaim Deed Prepare the Quitclaim Deed. There are multiple types of tenancies. ... Prepare the Grantor / Grantee Statement. ... Acquire Local Municipal Transfer Stamps. ... Prepare the County & State Transfer Declaration. ... Recording the Quitclaim Deed with the County.
The fee for recording the vast majority of documents in Cook County is a flat $98.00. ing to the Cook County Recorder of Deed's Office, ?this ordinance will promote efficiency in the real estate markets as it will permit full and accurate disclosure of the fees associated with real estate transactions.
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.
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. When you quitclaim a deed to another individual, you are no longer responsible for paying property taxes for that particular property.
To file an Illinois quitclaim deed form, you must bring your signed and notarized quitclaim deed to the County Recorder's office in the county where the property is located. Make sure that you also bring the required fees.
