Anyone who willfully falsifies or omits any required information on Form PTAX-203 is guilty of a Class B misdemeanor for the first offense and a Class A misdemeanor for subsequent offenses.
Steps: the sellers and buyers or their agents must complete Steps 1 through 4 of this form.
Line 5: “Joint tenancy” and “tenants-in-common” identify ownership rights and cannot be used as a deed type.
Line 3: the parcel identifying number is printed on the real estate tax bill and assessment notice.
Line 6: select “Yes” if the property will be used as the buyer's principal dwelling place and legal residence.
Step 3: write, type (minimum 10-point font required), or attach the legal description from the deed.
| Question | Answer |
|---|---|
| Form Name | PTAX-203 |
| Form Length | 4 pages |
| Fillable? | Yes |
| Fillable fields | 118 |
| Avg. time to fill out | 20 min |
| Edition | R-10/24 |
| Where to file | County Recorder's office within the county where the property is located |
| Matches the agency's file | Yes, checked October 2, 2026 |
| Other names | PTAX-203, PTAX203, PTAX 203, Form PTAX-203, PTAX form, Illinois PTAX form, Illinois Real Estate Transfer Declaration |
| Official source | PTAX-203 (Rev R-10/24), Illinois Department of Revenue |
Ptax Form isn’t the one you’re looking for?