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It usually takes four to six weeks to complete the legal processes involved in the transfer of title.
The title deeds to a property with a mortgage are usually kept by the mortgage lender. They will only be given to you once the mortgage has been paid in full. But, you can request copies of the deeds at any time.
Sign and docHub the new deed. Each grantor must sign the new deed and have his or her signature witnessed by a notary public, who much acknowledge the deed. In some situations, the grantors spouse may also be required to sign the deed.
For the purpose of recording the document, your document must meet all of the recording requirements (the document has to have the property tax number, address, legal description and preparers name and address, with signatures/notary. For recording you must provide the original plus one copy.
If you want to transfer real estate in Illinois to a relative or a friend, you might consider doing this yourself by using a quitclaim deed. A quitclaim deed in Illinois is often used to transfer property between close family members or trusted friends.
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How do I obtain a copy of my deed or other recorded document? You can request a copy from our office in person, by mail, fax, phone or email. If your request is by phone or fax you will need to pay with a credit card. Please call our office at 847-377-2575 if you wish to place an order.
Temporary Transfer on Death Instruments Flat Fee is $50, the mail handling fee does not apply. For ALL other documents that are submitted via mail, you must include an additional $5 dollars for mail handling on top of the filing fee.
A deed must contain the names of the parties typed or printed to the side or below the signatures. This includes grantors as well as any witnesses and persons taking the acknowledgements. 765 ILCS 5/35c, 765 ILCS 5/9, 5/10. The name and address of the grantee or grantees must appear on the face of the deed.
Overview of Illinois Real Estate Transfer Tax State real estate transfer tax are imposed at a rate of $0.50 per $500 of value stated in the Transfer Tax Return. County real estate transfer tax are imposed at a rate of $0.25 per $500 of value stated in the Transfer Tax Return.
DEEDS IN GENERAL There are several different essentials to a valid deed: 1. It must be in writing; 2. The parties must be properly described; 3. The parties must be competent to convey and capable of receiving the grant of the property; 4.

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