Illinois Quitclaim Deed

Besides being sold, a property can also be given to someone. Both processes involve the transfer of the rights and interests concerning the property.

A quitclaim deed is signed to gift to beloved ones with property, redistribute property within the family, or transfer property from oneself to one’s firm.

A quitclaim deed is completed by the grantor (the one transferring the property rights to the Grantee).

Interestingly, this free printable deed form does not guarantee that the Grantor has rights or even a share in this property.

Quitclaim Deed Laws and Requirements in Illinois

Let’s turn to the laws in force in the state of Illinois regarding the free printable quitclaim deed form. Laws and statutes vary from state to state, but the essence of the form and what it covers remains nearly the same.

Laws

You should check § 765 ILCS 5 of the Conveyances Act of Illinois if you choose to complete this document. It provides an example of the formulation and requirements for filling the form out (check 765 ILCS 5/10).

Signing requirements

In addition to the Grantor’s signature, a notary must sign the document and be present during the signing.

Filing and recording requirements

The deed must be registered at the Recorder’s Office in the County where the property is located.

Transfer Tax

You must also pay the transfer tax. Please fill out Form PTAX-203 to calculate the amount. You can do it on paper or online, but paying online is faster and easier.


How to Fill Out and File a Quitclaim Deed in Illinois

Instead of starting from scratch, use our form-building software to download the form you want and fill it out following our concise and straightforward guidelines.

1. Identify Yourself

It is assumed that the Grantor is filling out the form. Enter your full name.

2. Enter Your Address

Next, fill in the city and the county of your residence.

3. Identify the Grantee

Enter the full name of the person to whom you are transferring your property.

4. Describe the Real Estate

You need to enter:

  • The name of the County where the property is located
  • Legal description
  • PIN
  • Commonly-known name of the property

5. Provide Signatures

Have the grantor and the grantee sign the document in front of a notary.

6. Notarize the Form

After the words “State Of Illinois,” the form must be completed by a certified notary. They should write:

  • The name of the county
  • The grantor’s name
  • The date
  • The Notary signature
  • The expiration date of the Notary’s commission
  • The state seal

7. Submit the Document

Send the document to the County’s Recorder’s Office, specifying where they should return the document after registration. Different counties have different payment registration amounts. You should also fill out Form PTAX-203 to find out the amount to pay to register.

Note: Check the document thoroughly before submitting it to the official structure and paying the fee. If you notice even the slightest mistake, it is better to redo it right away and pay for notary services again.
Published: Apr 27, 2021