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Illinois Quit Claim Deed

The Illinois quitclaim deed is used to convey real estate in Illinois from one party to another. However, unlike a warranty deed, the seller ("grantor") is not required to warrant the title to the property. It is important that the buyer ("grantee") perform a complete property search to determine what right to the property they are purchasing.
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Laws

  • Recording – The quitclaim deed must be recorded in the County Recorder’s Office where the real estate is located (See County List).
  • Signing – A quit claim deed must be signed with a notary public present before being recorded.[1]
  • Statute – 765 ILCS 5/10
  • Transfer Tax Declaration (Form PTAX-203) – The transfer tax must be paid prior to or at the time of filing the quitclaim deed. This can be done by completing the form and filing it electronically.

Sources

  1. 765 ILCS 5/20