Updated September 06, 2023
An Illinois statutory warranty deed allows the conveying of property from one person (“grantor”) to another (“grantee”). The deed is the grantor’s promise that there is no one else who can make a claim on the title but does not promise any defects against that title prior to their ownership. Therefore, a title search is recommended for all grantees purchasing property under a deed.
Laws – 765 ILCS 5/ Conveyances Act
Signing Requirements (765 ILCS 5/20) – A Notary Public is required to witness the signature of the Grantor before the deed is recorded.
Notices and Disclosures
- Statutory Form – 765 ILCS 5/9
- Transfer Tax (Form PTAX-203) – This form may also be completed online. It must be completed and printed along with the warranty deed when filing with the County Recorder’s Office.
Recording the Deed
All deeds in the State of Illinois are to be filed with the County Recorder’s Office (765 ILCS 5/28).