By visiting the county recorder's website, you can discover if they offer online searching and then conduct a search there. The county recorder's office in Illinois is where property records can be found. Many title companies advise you to look into the property's transfers during the last 50 years. That way, you may be certain that no interests have been transferred in the past that might cause an issue for you later. It's critical to conduct a land search before making a purchase. The buyer guarantees that no interest in the property has been transferred during his or her possession, but he or she does not guarantee title prior to the acquisition. Special or Unique Warranty : this type of warranty deed is used to transfer property that has a limited warranty attached to it. QuitClaim : In contrast to a warranty deed, a quitclaim offers no assurances or guarantees that the seller will be able to sell the property or that the seller will remain the owner of the property after the sale. General Warranty: An assurance from the seller to the buyer that he or she is selling the property free of all third-party claims, that he or she has the legal authority to sell it, and that he or she would defend the buyer against any claims made against the property are all included in this sort of deed.
Getting your Deed Signed-All deeds must be signed and acknowledged before a notary public in accordance with ILCS 765/5/20.
Transfer Tax (Form PTAX-203): The PDF Form can be submitted electronically or physically (Applicable Counties have the option to process the form online).
Office, choose your county from the list below. Documentation/Recording-A copy of the recorded document must be kept with the County Recorder's Office in the county where the property is situated.
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