Form PTAX-203, the Illinois Real Estate Transfer Declaration (revision R-10/24), records a transfer of Illinois real estate by deed or of a beneficial interest; its first page carries a box for the county recorder's office. The form states that it is authorized under 35 ILCS 200/31-1 et seq. and that disclosure of the information is required. Step 1 identifies the property and the sale: the street address, the number of parcels, each property index number (PIN) with its lot size, the date and type of instrument, whether the property will be the buyer's principal residence, whether it was advertised for sale, its current and intended use, and any significant physical changes. Step 2 calculates the transfer tax from the full actual consideration, including the Illinois and county tax stamps. Step 3 takes the legal description from the deed, and Step 4 asks for the seller's and buyer's information. The form asks you to read its instructions before completing it.
| Question | Answer |
|---|---|
| Form Name | Real Estate Transfer Declaration Form |
| Form Length | 4 pages |
| Fillable? | Yes |
| Fillable fields | 118 |
| Avg. time to fill out | 30 sec |
| Other names | cook county transfer, cook county declaration, cook county transfer form, cook county real |
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