Quitclaim deeds offer no guarantee that a title is clear of any liens, which is why they are typically only used to transfer property from one family member to another. Deed elements and recording requirements in illinois. This copy is provided by the recorder for use in kane county, illinois a legal opinion is recommended prior to taking final action with this deed. This type of deed only transfers the rights of the real property from the current owner if the grantor is the owner and makes no guarantees about the title in regards to past owners. A quit claim deed transfers the ownership or rights of property from a seller, or grantor, to a buyer, or grantee. We recommend you obtain a legal opinion prior to taking final action recent legislation grantors signatures on deeds must be notarized 765 ilcs 535c. Sign, fax and printable from pc, ipad, tablet or mobile with pdffiller. It makes no promises about whether the current owner has clear title to the property. Benefits of using a quit claim deed for illinois include transferring property between family members, taking a former spouses name off of the title during divorce proceedings, assigning property to a trust and clearing any kind of residual interest in a property.
This quitclaim deed is used where the grantors are two individuals and the grantee is a limited liability company. Laws covering quitclaim deed in illinois pocketsense. The recorders office strongly recommends that you consult with an attorney for assistance in the selection and completion of these forms, and with any transactions pertaining to the legal ownership or conveyance of real estate. An illinois quit claim deed form is commonly used to quickly transfer property without hiring a lawyer. Information small claims information traffic court court calendar pdf foia for court clerk. The grantor signs the deed in the presence of a notary, and the grantors spouse must also sign the deed to waive their homestead rights. Ownership of property can be changed by various types of deeds. In witness whereof, the said first party has signed and sealed these presents the day and year first above written. In illinois, a quit claim deed is a legal document used to convey the interest of a property from the seller to the buyer without a guarantee that the property title is. Space above this line for recorders use quitclaim deed for valuable consideration, receipt of which is her eby acknowledged, do hereby quitclaim to. Quit claim deed information packet this information can be provided to our customers with the following statement. The illinois quit claim deed is a legal document that is used to do nothing more that convey the grantors seller interest to a grantee buyer. With instructions written in plain english and a checklist to help you keep track of the steps necessary to prepare and file a legally valid quitclaim deed in your state, this legal form from nolos experts will guide you through your property transfer, all while saving you time and money. The grantor wants to quit their claim in the interest of the property.
A quit claim deed, or quitclaim, transfers the ownership or rights of property from a grantor current owner to a grantee new owner. Deeds are provided for individuals, corporations, limited liability companies and husband and wife. How to fill out quick claim deeds in illinois legal beagle. Illinois quit claim deeds warranty deeds us legal forms.
However, there are certain exceptions when property is transferred using a quitclaim deed. Illinois quit claim deed forms have been updated as recently as thursday april 2, 2020. How to file a quitclaim deed in cook county, illinois. Illinois statutes also set forth a form for the quitclaim deed. Pdf fillable quitclaim deed for immediate download.
There can be huge legal ramifications if the deed is drafted improperly or parts left omitted. In illinois, a quit claim deed is a legal document used to convey the interest of a property from the seller to the buyer without a guarantee that the property title is clean. A quitclaim deed, sometimes mistakenly called a quickclaim deed, can be used in illinois to transfer property. There are several ways that deeds can be used to avoid probate in illinois. What is the illinois mineral deed with quit claim covenants. An instrument of conveyance of real property that passes any title, claim, or interest that the grantor has in the premises but does not make any representations as to the validity of such title. Quit claim deed is only accepted because of trust and knowhow when a seller demands for a quit claim deed, you need to think about it first because it makes no warranty about the quality of the grantors title. A deed in substantially the same form as that set forth in the statute, a quit claim deed conveys to the grantee and the grantees heirs and assigns in fee all of the legal or equitable rights the grantor has in the property that existed at the time of the conveyance. Quitclaim deeds may be, in substance, in the following form.
Mar 16, 2020 illinois ogle county quit claim deed form. Therefore, this type of deed less secure when compared to a general warranty deed or speciallimited. In other words, he or she will not guarantee that they own the property or that they have clear title to the property or that they have the authority to sell the property. You can use nolos illinois quitclaim deed to do the following and more. Estate transfer tax declaration ptax 203 or an exemption statement a sample is provided to. A quitclaim deed is used by a property owner to give up all of his or her interest in a piece of property without making any warranties or representations as to title in the property. Transfer tax declaration in the state of illinois, a transfer tax must be paid either before the quit claim deed is filed, or at the time of its filing form ptax203.
Free illinois quit claim deed form word pdf eforms. Quitclaim deed form illinois fill online, printable, fillable, blank. An illinois deed transferring property out of a trust. Hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of the state of illinois, to have and to hold said premises forever. While individuals can use quitclaim deeds, a trustee attempting to transfer real property out of a trust to an individual cannot use a quitclaim deed in illinois. A quitclaim deed is an instrument that is used to transfer ownership of a home to someone else. Even more important, a quit claim deed doesnt ensure that the grantor the person selling the proper. All three links above lead to a different file version of the same template. I know that i would not be approved to refinance to get his name off the mortgage. Changes in ownership may have tax, inheritance and other legal ramifications.
Thereto including any warranty or merchantability or fitness for a particular. Quit claim deed a deed of conveyance operating by way of release. The following forms and documents are being provided as a courtesy of the will county recorders office for use in will county, il. Parent teen driving guide illinois secretary of state.
The publisher nor the seller of this form makes any warranty with respect. Unlike a general warranty deed, it does not contain any warranties that the title is free and clear of liens or other restrictions. A quit claim deed does not actually promise any property rights, it only transfers what the company has. Motorcycle operator manual, the rules of the road for noncdl vehicles or the. The illinois quitclaim deed is used to convey real estate in illinois from one party to another, however, unlike a warranty deed, the seller or grantor, is not required. Illinois quit claim deed form get a quitclaim deed in minutes. Ptax203 illinois real estate transfer declarationtextpdf. Transferondeath instrument deed an illinois transferondeath instrument also called a transferondeath deed, todi, or tod deed is a special form of deed designed specifically to avoid probate at death while allowing the owner to retain complete control during.
The illinois quit claim deed is the stateofficial form for both transferring interest in real property and making corrections to an existing deed. This document is used, for the most part, by investors, banks and in divorces. A blank deed form is included, however your deed may also require a plat act affidavit andor an illinois ptax 203 form to be eligible for recording. Quitclaim deed illinois fill out and sign printable pdf template.
All deeds require name and address of where the original recorded deed will be mailed after recording. Grantors convey and quitclaim the described property to grantee less and except all oil, gas and minerals, on and under the property owned b. Illinois, do hereby certify that, a judge of the circuit court of cook county, illinois personally known to me to be the same person whose name is subscribed to the within deed, appeared before me this day in person, and acknowledged that she signed, sealed and delivered the said deed for the uses and purposes therein set forth. My boyfriend and i split up, and i am keeping the house for financial reasons. Taxpayer names and address for future tax bills must. Using a quitclaim deed is a common and simple way to transfer property. A quit claim deed is the simplest and cleanest way to transfer or divide a property interest among trusted parties. The general mineral deed in illinois quitclaims oil, gas, and mineral rights from the grantor to the grantee. Technically, the llc can sign a valid quit claim deed even if they dont own the property. Medical claim or statement of benefits from private insurance company or. An illinois quitclaim deed quit claim deed is not a onesizefitsall document for everyone and needs to be carefully drafted for each transfer. Consult a lawyer before using or acting under this form. As a result, if this deed is something you are bargaining for or paying for you must make sure you understand what the llc actually owns.
Quit claim deeds recorded with the cook county recorder of deeds. Completed example of the quit claim deed document ogle county. The information includes a chain of title for the parcels of land, plus other information such as whether the land is encumbered by a tax lien. In addition to recording fees, the new owner is responsible for paying transfer taxes on the sale price of the property. The illinois quit claim deed form gives the new owner whatever interest the current owner has in the property when the deed is signed and delivered. Also, have your teen begin to judge traffic signals and stopping distances as a. To have and to hold the above granted premises unto the parties of the second part forever, not as joint tenants or tenants. All deeds require either a completed illinois real. Illinois richland county mineral deed with quit claim. Illinois quitclaim deed by two individuals to llc us legal. Deed forms are not available from the recorders office and cannot be. To drive legally in illinois, you must have a valid illinois drivers license. It conveys whatever interest you have in a piece of property without making any promises about the type of interest youre conveying. Free illinois quit claim deed form word pdf eforms free.
You will need this template when a claim on a property must be formally released. This type of deed makes no guarantees if there are any other owners other than the grantor. Legally transfer property in illinois with this simple form. In short, recording the deed as soon as possible after executing it is the best way to protect the interests of all involved parties. Quit claim deed informational packet peoria county. County recorder additional information dupage county, illinois. Fill out, securely sign, print or email your quick claim deed illinois form instantly with signnow. The person who is transferring the property is the grantor, and to the person, the property is getting transferred to is the grantee. County property records offices keep information pertinent to parcels of land located in that county. How does this affect our mortgage which is in both our names. Medical claim or statement of benefits from private insurance company or public.
When using a quitclaim deed in illinois, youll need to follow the states laws, as well as the laws in the county where you live. Illinois graduated driver licensing program allows teen drivers to gain. Check the owners manual for details on your cars controls, their locations on the. The transfer includes the oil, gas and other minerals of every kind and nature.