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Commonly Asked Questions about Illinois Quitclaim Deed Forms

The fees involved in filing a quitclaim deed depend on the type of real estate being transferred. Filing a deed for a farm or residential property typically costs $125 and $250 for other types of property. There may be additional fees involved when filing your forms.
The recording fee for a quitclaim deed is usually a flat $25 fee, as established under Ga. Code 15-6-77.
To successfully file a quit claim deed in New York, you will need to fulfill a few essential qualifications: Written consent from both parties via Form TP-584 and Form RP-5217 (oral agreements do not qualify) Official notarization of forms. Payment of associated fees. Payment of any taxes owed on the property.
Michigan uses quitclaim deed Form 863, which is different in each county, so make sure to get the form at the office or website of the County Register of Deeds in the county where the property is located.
Filing a quit claim deed in Illinois costs $150, or $160 if paid by credit card. Additionally, it is the responsibility of the individual to obtain transfer stamps and record the deed with the County Recorder.
You must file either (1) Form PTAX-203 and any required documents with the deed or trust document or (2) an exemption notation on the original deed or trust document at the County Recorders office within the county where the property is located.
Quitclaim deeds lack certain protections and promises found in other types of deed to real property. Because of this, they should only be used under certain circumstances. These include transferring real estate between close family membersfor instance, from a parent to a child.
You simply download a free form directly from your county clerks website and submit it on your own. It can offer a property tax benefit. When you quitclaim a deed to another individual, you are no longer responsible for paying property taxes for that particular property.
To write an Illinois quitclaim deed, you need to provide the following information: Name and address of the preparer. Name and address of the party that will receive the tax notices. Amount of consideration given for the property. Grantors (person selling or gifting the property) name, marital status, and address. How To Fill Out A Quit Claim Deed - Fill Online, Printable, Fillable, Blank .com .com