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Flat Fees The majority of residential real estate lawyers in Illinois charge flat fees for their services instead of hourly billing. Common flat fees in Chicago are: $500 $1000: For handling the entire closing process for buyers and sellers.
A quitclaim deed doesnt have to be drawn up by a lawyer[3]. 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.
Hiring legal counsel is technically optional for buyers and sellers in Illinois. However, just because the law doesnt require it does not mean an attorney shouldnt be strongly considered. Their expertise can help optimize the closing process, prevent any surprises, and safeguard your financial interests.
LEGAL FEES - ILLINOIS QUIT CLAIM DEEDS The fee is $150 (or $160 if paid by credit card). It will be your responsibility to get the transfer stamps (if necessary) and get the deed recorded with the County Recorder. There is nothing legal about obtaining the municipal stamp and recording the deed.